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Property profile

26802 7th Mile Rd Redford, MI 48240

OFF-MARKET
Grocery and convenience stores
Property ID
US43-4199365
2,700 SF 0.44 ac lot Built 1954
Last sale Oct 2022 · $225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a combined retail and office space with approximately 2,700 square feet of interior area. The layout is configured to support both customer-facing retail functions and dedicated office space within the same building. It is located at 26802 W Seven Mile Rd in Redford Charter Township, Michigan 48240.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$5k
Tax billed · 2019
Assessed value · 2024$67k
Effective rate7.99%

Value estimate

· Oct 2026
$250k
$225k – $275k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$35 – $91
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.9
Law Firm26.8
Restaurant14.3

Location

26802 7th Mile Rd Redford, MI 48240-1905
County assessor Recorded deeds · 2 transfers 9 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
26012 6th Mile, Redford, MI 48240-2215 $85,000 Jul 2024 2,302 SF
25786 Grand Riv, Redford, MI 48240-1431 $300,000 Jul 2023 2,475 SF
25825 7th Mile, Redford, MI 48240-1806 $20,632 Sep 2022 2,760 SF
26950 7th Mile, Redford, MI 48240-2007 $165,000 Mar 2022 2,400 SF
26114 6th Mile, Redford, MI 48240-2217 $122,275 Jan 2021 2,800 SF
27253 7th Mile, Redford, MI 48240-2014 $855,750 Jan 2021 2,772 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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