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Financial
Distress signals
Property profile

9925 Dix 104 Dearborn, MI 48120

FOR LEASE
Medical Office Space
Property ID
US43-0993653
6,688 SF 0.55 ac lot Built 1985
Last sale Nov 2021 · $730,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a medical/professional office suite located at 9925 Dix #104 in the South End area of Dearborn. The suite includes a reception area and approximately 4 to 5 exam rooms and is laid out at approximately 1,000 square feet. The space is configured to allow expansion by combining with an adjacent suite to add approximately 1,000 additional square feet. It is situated in a high-traffic area with on-site parking and is suited for professional uses that require multiple exam rooms and a dedicated reception space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value · 2024$393k
Effective rate6.41%

Value estimate

· Oct 2026
$620k
$558k – $682k
Submarket $/SF estimate$534k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$4k
Operating expenses−$4k
NOI · 524.81% cap applied$11k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$105/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$76 – $135
Qualifying comparables11

Cap rate analysis

How does the asset earn?
524.81%
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BB
SIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS ...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.2
Spa & Massage12.1
Skin Care Clinic10.9

Location

9925 Dix, Unit 104 Dearborn, MI 48120
County assessor Recorded deeds · 1 transfer 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
10066 Dix, Dearborn, MI 48120-1551 $264,276 Dec 2023 4,289 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
4 properties of the same type nearby
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