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Financial
Distress signals
Property profile

26080 Grand Riv Ave Redford, MI 48240

OFF-MARKET
Turn key restaurants
Property ID
US43-1201690
2,136 SF 0.32 ac lot Built 1948
Last sale Mar 2025 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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 at 26080 Grand River Avenue is a restaurant building constructed in 1948, containing 2,136 square feet on a 0.32-acre site in Redford Township, Wayne County. It is configured to accommodate up to 70 guests and includes approximately 30 on-site parking spaces. The building has public water service and direct frontage along Grand River Avenue. Interior renovation work was completed within the last year, and mechanical improvements include a central air-conditioning unit installed…

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?
$8k
Tax billed · 2019
Assessed value · 2024$122k
Effective rate6.63%

Value estimate

· Oct 2026
$185k
$167k – $204k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$50 – $147
Qualifying comparables6

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 Firm22.8
Realty agency20.7
Spa & Massage14.1

Location

26080 Grand Riv Ave Redford, MI 48240-1439
County assessor Recorded deeds · 4 transfers 6 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
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
25024 6th Mile, Redford, MI 48240-2101 $175,000 Apr 2024 2,298 SF
25786 Grand Riv, Redford, MI 48240-1431 $300,000 Jul 2023 2,475 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
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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