22260 Garrison StDearborn, MI 48124

Property Details for 22260 Garrison St

Year built

1980

Lot size

0.25 AC

Property size (Sq ft)

3,825 SF

Zone code

OS

Property type

Medical offices

Property subtype

Medical centers

APN

82 09 221 03 013

APU

820922103013

Description

This exceptional 3,825 square foot single-tenant creative office space is located at 22260 Garrison St, Unit A, Dearborn, MI 48124, near the intersection of Military and Michigan Avenue. Built in 1980 and extensively renovated in 2024, this one-story building offers a contemporary aesthetic with high-end finishes. The property is zoned commercial and situated within the 22260 Garrison Street submarket cluster in Wayne County. While elevator service is not available, the single-story design ensures easy accessibility. The space is ideal for businesses seeking a modern and updated environment. The listing specifically highlights its suitability for aesthetic practices, though it is adaptable to various professional uses. The property features ample natural light and generous space. Note that equipment is not included in the sale but may be available for rent separately. This is a fantastic opportunity to secure a well-maintained, updated office space in a desirable Dearborn location.

• CAP approach

  CAP return

  Valuation

  6%

  $654,794

  6.5%

  $604,425

  7%

  $561,252

• Comparable approach

  Method

  Valuation

  Relative Method

  $357,790

  Geo Method

  $357,790

• Alternative Use

  Use

  Valuation

  Residential

  $749,487

  Hospitality

  $686,526

  Educational

  $571,182

  Medical

  $590,826

  Retail

  $888,505

Location Insight

City

Dearborn

County

Wayne

State

Michigan

Latitude

42.3064

Longitude

-83.2497

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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