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Property profile & analytics
FOR LEASE
Individual retail properties
25420 Grand River Ave Redford, MI 48240
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1712877
$1,999/Mo
25420 Grand River Ave, Redford, MI 48240
View Listing →
Property summary
AI-generated overview
This exceptional commercial property, located at 25420 Grand River Ave, offers a versatile open space ideal for a variety of businesses. Situated north of 7 Mile and west of Telegraph, this single-tenant space boasts a highly desirable location with excellent visibility, ensuring significant foot traffic and brand exposure. The property features sleek epoxied floors and abundant natural light, creating a bright and inviting atmosphere. Its former use as a boutique showcases its inherent appeal and adaptability. The zoning is commercial, allowing for a range of potential uses. The property's APN is 79002020152000. This is a rare opportunity to secure a well-located, move-in ready space in a thriving commercial area. All measurements are approximate and should be independently verified. The property's open layout provides flexibility for customization to suit specific business needs. Don't miss this chance to establish your business in a high-traffic area with strong visibility. Contact us today for more information and to schedule a viewing.
Property profile
Verified
Property type
Individual retail properties
Use group
DRY CLEANER
Year built
1947
Construction
CONCRETE BLOCKS
Total area
3,270 SF
Lot
0.09 ac (3,920 SF)
APN
79 002 02 0152 000
UPID
US43-1712877
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Saad Brothers Investments LLC · 8 yrs held
Saad Brothers Investments LLC
since 2018
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Redford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$4,319
Tax year 2019
Assessed value
$77,800
Assessed 2024
Previous assessed
$70,000
+11.1% YoY
Effective rate
5.55%
On assessed value
Total market value
$155,600
Applied tax rate
82,110.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Individual retail properties
Use group
DRY CLEANER
Status
For Lease
Year built
1947
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Buildings
1
Stories
1
Rooms
3
Bathrooms
1
Total area
3,270 SF
Lot
0.09 ac (3,920 SF)
APN
79 002 02 0152 000
UPID
US43-1712877
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1947
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Buildings
1
Rooms
3
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Saad Brothers Investments LLC
Entity
Free & Clear · 8 yrs held
Mailing address
25645 GRAND RIV AVE, REDFORD, MI 48240-1430
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2018
—
Saad Brothers Investments LLC
—
Deed
related
$275,000 · The Huntington National Bank
Jul 5, 2018
$190,000
Saad Brothers Investments LLC
Janco Distributors
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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