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    1636 E 7 Mile Rd Detroit, MI 48203

    For Lease
    $1,350 /Mo

    Retail space for rent in a high-traffic Detroit location.

    Lot size:
    0.20 Acres

    Property Features for 1636 E 7 Mile Rd

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1945

    Source: Herbert J Hill Realty Real Estate Master Agent Herbert J Hill Jr

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

    Overview

    Retail Space in Densely Populated Area

    This retail space is situated in a densely populated area with heavy foot traffic, offering a great location for business operations. The active business space includes equipment suitable for associated operations.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.087166
    Latitude
    42.432515

    Nearby Similar for Lease

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      Redford Industrial Building For Rent

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      Light Industrial Building on 8 Mile

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    FAQs

    What type of property is this?
    Retail space - Retail space for rent in a high-traffic Detroit location.
    Where is this retail space located?
    The property is located at 1636 E 7 Mile Rd Detroit, MI.
    What are key features of this property?
    This property features: - Great business location; - Densely populated area with heavy foot traffic; - Active business space
    (313) 341-2656
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    1636 E 7 Mile Rd Detroit, MI 48203
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    Detroit, MI 48203
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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
    1636 E 7 Mile Rd Detroit, MI 48203
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