Financial
Distress signals
Property profile

26310 W Seven Mile Rd Redford, MI 48240

FOR SALE
Industrial properties
Property ID
US43-0941956
3,200 SF 0.09 ac lot Built 1956
Last sale Dec 2022 · $80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$3k
Tax billed · 2019
Assessed value · 2024$52k
Effective rate6.32%

Value estimate

· Sep 2026
$75k
$68k – $83k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 6.78% cap applied$16k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$47/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$25 – $66
Qualifying comparables14

Cap rate analysis

How does the asset earn?
6.78%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.5
Realty agency21.1
Spa & Massage12.3

Location

26310 W Seven Mile Rd Redford, MI 48240
County assessor Recorded deeds · 5 transfers 14 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
26069 8th Mile, Redford, MI 48240-1135 $95,000 Sep 2024 2,520 SF
26361 8th Mile, Redford, MI 48240-1139 $53,000 Aug 2024 2,600 SF
25197 8th Mile, Redford, MI 48240-1002 $54,000 Oct 2022 3,600 SF
26602 7th Mile, Redford, MI 48240-1959 $230,000 Jul 2022 2,800 SF
25885 8th Mile, Redford, MI 48240-1047 $185,000 Jul 2022 2,767 SF
25613 7th Mile, Redford, MI 48240-1768 $55,000 Apr 2022 2,533 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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