Financial
Distress signals
Property profile

25946 7th Mile Rd Redford, MI 48240

OFF-MARKET
Retail space
Property ID
US43-1424223
1,886 SF 0.1 ac lot Built 1950
Last sale Nov 1997 · $55,000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 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$49k
Effective rate6.43%

Value estimate

· Sep 2026
$175k
$158k – $193k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 738 recorded sales of this use type
Observed band · Q1–Q3$30 – $113
Qualifying comparables8

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm30.0
Realty agency27.8
Spa & Massage19.7

Location

25946 7th Mile Rd Redford, MI 48240-1807
County assessor Recorded deeds · not on file 8 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 · 12 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
26025 Grand Riv, Redford, MI 48240-1440 $200,000 May 2024 2,160 SF
27353 8th Mile, Redford, MI 48240-1221 $700,000 Aug 2022 1,863 SF
26950 7th Mile, Redford, MI 48240-2007 $165,000 Mar 2022 2,400 SF
27350 7th Mile, Redford, MI 48240-2015 $500,000 Apr 2021 1,624 SF
27154 7th Mile, Redford, MI 48240-2011 $245,000 Apr 2021 2,172 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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