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    20338 W 7 Mile Rd Detroit, MI 48219

    For Lease
    $8 SF/Yr ($1,271 /Mo)

    Versatile retail space in Evergreen Pointe East, Detroit.

    Property size:
    1,734 SF
    Lot size:
    0.35 Acres

    Property Features for 20338 W 7 Mile Rd

    General Information

    Size
    1,734 SF
    Lot size
    0.35 Acres

    Source: JMC Management, LLC Agent Christina Rice

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on West 7 Mile

    This 1,734 square foot retail space, identified as Unit 20338, is located in Evergreen Pointe East on West 7 Mile Road. The unit offers a layout suitable for customization and is intended for retail, service, or office use. The location provides visibility and exposure to traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.242518
    Latitude
    42.429806

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    FAQs

    What type of property is this?
    Retail space - Versatile retail space in Evergreen Pointe East, Detroit.
    Where is this retail space located?
    The property is located at 20338 W 7 Mile Rd Detroit, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - 1,734 SF of versatile space ideal for retail, service, or office use.; - Located in Evergreen Pointe East on busy West 7 Mile Road.; - Excellent visibility.
    (313) 586-4500
    Request Owner's contact information
    20338 W 7 Mile Rd Detroit, MI 48219
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    Detroit, MI 48219
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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
    20338 W 7 Mile Rd Detroit, MI 48219
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