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    27600 W 7 Mile Rd Livonia, MI 48152

    For Sale
    $329,000

    Two-unit strip center on heavily traveled 7 Mile Road.

    Property size:
    2,015 SF
    Lot size:
    0.44 Acres

    Property Features for 27600 W 7 Mile Rd

    General Information

    Size
    2,015 SF
    Lot size
    0.44 Acres

    Source: Thomas A. Duke Company Agent Joseph Evangelista

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

    Overview

    Livonia Strip Center on 7 Mile

    This two-unit strip center is situated along heavily traveled 7 Mile Road, just west of Inkster Road. The property features a full basement, offering approximately 2000 square feet of storage space. A new roof was installed in mid-2016. Both tenants have been long-term occupants for over 30 years and are currently operating on a month-to-month basis, with the possibility of signing lease extensions. The location is on the northwest corner of 7 Mile Road and Antago Street in Livonia, Michigan. The property size is 2015 square feet. This property allows for owner/user and/or investment.
    Insight Report Location Intelligence

    Current Use by Public Records

    J Orlando's Barber ... Barber Shop

    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
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.319091
    Latitude
    42.427727

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    FAQs

    What type of property is this?
    Strip mall - Two-unit strip center on heavily traveled 7 Mile Road.
    Where is this strip mall located?
    The property is located at 27600 W 7 Mile Rd Livonia, MI.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: - Located on heavily traveled 7 Mile Rd, offering **high visibility**.; - Potential for owner/user and/or investment.; - Long-term tenants (30+ years) provide **stable income**.
    (248) 479-0128
    Request Owner's contact information
    27600 W 7 Mile Rd Livonia, MI 48152
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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
    27600 W 7 Mile Rd Livonia, MI 48152
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