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    Property profile & analytics

    5697 Pelham St Dearborn Heights, MI 48125-3155

    • Grocery and convenience stores
    • 2,530 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1257050
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 7-Eleven / Convenience Store
    • Amazon Locker - Login / Mailing Service / E-Commerce Service
    • Citibank ATM / Atm

    Property Details for 5697 Pelham St

    Year built
    1971
    Construction
    BRICK
    Lot size
    0.46 lot acres
    Property size
    2,530 SF
    Property type
    Grocery and convenience stores
    APN
    33 052 99 0012 002
    APU
    33052990012002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn Heights
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2314
    Latitude
    42.2706
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,233
    $0.00
    $0.00
    $165,400
    -
    $0.00
    $0.00
    $330,800

    Comparable in this City

    • Value Estimation by Request
      5,760 SF

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      1,012 SF

      25412 Michigan Ave

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      4630 Beech Daly St

      CONVENIENCE STORE • 1,419 SF
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      2,400 SF

      25569 Michigan Ave

      CONVENIENCE STORE • 2,400 SF
      25569 Michigan Ave, Dearborn Heights, MI 48125-1035
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      1,034 SF

      24010 Van Born Rd

      CONVENIENCE STORE • 1,034 SF
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    • Value Estimation by Request
      1,232 SF

      4551 Beech Daly St

      CONVENIENCE STORE • 1,232 SF
      4551 Beech Daly St, Dearborn Heights, MI 48125-1569
      View Details

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    • $590,000
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      Dearborn Heights Commercial Space For Sale

      Versatile commercial space suitable for retail, office, or warehouse use.
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    Similar Nearby for Lease

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      Dearborn Heights Commercial Space Available

      Versatile commercial space for lease in Dearborn Heights, Michigan.
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    • $2,500 /Mo
      9,821 SF

      Prime Retail Space Available

      High-traffic retail space in Vinery Market Plaza, Dearborn Heights.
      3968 Pelham St, Dearborn Heights, MI 48125
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      Retail Space on Telegraph Road

      Retail space with high traffic and ample parking.
      4807 S Telegraph Rd, Dearborn Heights, MI 48125
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      Retail/Office Space For Rent

      Retail or professional space with parking and signage available.
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      Freestanding Commercial Unit For Lease

      Prime location, open floor plan, and ample parking.
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    Property Visit Statistics

    • Visits by month
      26.1k
    • Visitors by month
      10.2k
    • Avg Time on site
      8 min
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    5697 Pelham St
    Dearborn Heights, MI 48125-3155
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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