Property profile

26346 Seven Mile Rd Redford, MI 48240

FOR SALE
Nursery and garden centers
Property ID
US43-0002482
1,750 SF Built 1947
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Property summary

AI-generated overview

An exceptional opportunity to acquire a versatile retail asset in the heart of Redford’s bustling 7 Mile corridor. Formerly operated as a garden center, this 1,750 SF building sits on a strategic corner lot with significant frontage, offering maximum brand exposure and ease of access for customers. Located just minutes from Telegraph Road (US-24) and the I-96 interchange, this property is perfectly positioned to serve the dense residential neighborhoods of Redford and the surrounding Metro Detroit area. With flexible zoning and a large 0.24-acre lot, the site is ideal for a variety of uses including boutique retail, professional services, or continued use as a specialty nursery/garden center.

Property profile

Verified
Property type Nursery and garden centers
Year built 1947
Total area 1,750 SF
UPID US43-0002482

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

26346 Seven Mile Rd Redford, MI 48240
Redford metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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