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Property profile

12730 7th Mile Rd Detroit, MI 48205

OFF-MARKET
Retail space
Property ID
US43-1846849
4,800 SF 0.19 ac lot Built 1965
Last sale Nov 2014 · $12,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 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

This exceptional investment opportunity presents a fully leased, three-tenant retail building situated at 12730 West 7 Mile Road in Detroit, Michigan. The property boasts a total of 3,563 square feet, currently occupied at 100% capacity by Boost, Exotic Cloudz, and Floral Gardens. Each tenant holds a lease with a minimum of five to ten years remaining, secured by personal or corporate guarantees, ensuring a stable and predictable income stream. The building's prime location on 7 Mile Road…

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 · 2020

What does the county charge?
$2k
Tax billed · 2020
Assessed value · 2024$58k
Effective rate3.76%

Value estimate

· Nov 2026
$230k
$207k – $253k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$32 – $95
Qualifying comparables20

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

What can be built here?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
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 agency22.2
Law Firm19.6
Dental Office18.6

Location

12730 7th Mile Rd Detroit, MI 48205-2102
County assessor Recorded deeds · 3 transfers 20 qualifying comp sales Zoning catalog

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
15900 8th Mile, Detroit, MI 48205-1464 $500,000 Jan 2025 4,000 SF
12941 7th Mile, Detroit, MI 48205-2217 $80,000 Sep 2024 3,125 SF
12329 Hayes, Detroit, MI 48205-4116 $50,000 Dec 2023 3,840 SF
14100 8th Mile, Detroit, MI 48205-1233 $450,000 Sep 2023 4,840 SF
11710 Mcnichols, Detroit, MI 48205-3338 $225,000 Aug 2023 2,984 SF
13785 Gratiot, Detroit, MI 48205-2805 $60,000 Apr 2023 5,842 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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