16800 Executive Plaza DrDearborn, MI 48126

  • Commercial land
  • 27.24 AC

Property Details for 16800 Executive Plaza Dr

Year built
1988
Lot size
27.24 AC
Zone code
BC
Property type
Commercial land
APN
82 09 131 01 018
APU
820913101018

Description

Regent Court offers a unique opportunity for businesses seeking prime office space in Wayne County. This Class A property, situated on a sprawling 55-acre lot at the intersection of Ford Road and Southfield Freeway, boasts an unparalleled location adjacent to the Ford World Headquarters campus. Currently undergoing redevelopment, the existing office building is being demolished to create flexible commercial pads available for lease, ground lease, or build-to-suit options. Spaces range from 1-acre outlots to large-scale "big box" opportunities, catering to a variety of business needs and sizes. The property offers exceptional visibility and accessibility, with proposed access points from both Ford Road and Mercury Drive. Daily traffic counts on Ford Road exceed 70,000 vehicles, ensuring high brand exposure. The surrounding area is thriving, with high-performing retail giants like Walmart and Home Depot, both ranked #1 in Michigan, further solidifying the location's desirability. The presence of over 3,000 Ford Motor Company employees in the immediate vicinity provides a substantial potential customer base. Available spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 11,352 square feet, with a total of 21,352 square feet currently vacant within the 100,000 square foot total building footprint. This redevelopment project presents an exceptional chance to establish a presence in a high-traffic, high-demand location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $282,479,712
    Hospitality
    $258,749,888
    Educational
    $215,276,880
    Medical
    $222,680,576
    Retail
    $334,875,136

Location Insight

City
Dearborn
County
Wayne
State
Michigan
Latitude
42.3275
Longitude
-83.211
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
$1,000,615
-
-
$2,669,600
-
-
-
$5,339,200

FAQs

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