Back to Search
Property profile & analytics
OFF-MARKET
Live-work space
26732 Grand Riv Ave Redford, MI 48240-1511
Individually Owned
Absentee Owner
Free & Clear
Property ID
US43-5263096
Property summary
AI-generated overview
Located at 26732 Grand River Avenue in Redford, MI 48240, this 2,524 square foot building offers a versatile live-work opportunity with commercial potential. The property features renovations completed in 2018 and benefits from high visibility, with an estimated daily traffic count exceeding 24,000 vehicles. It features a replaced roof and AC system, along with spray foam insulation. A one-car attached garage is included. The rear of the building houses a spacious, open-concept apartment complete with a full bathroom. The front business space, previously utilized as a grow operation, includes a half bathroom. The property sits on a 0.09-acre lot and is zoned for commercial use. The property is suitable for entrepreneurs or investors looking for a flexible-use property.
Property profile
Verified
Property type
Live-work space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Construction
BRICK
Total area
2,815 SF
Lot
0.09 ac (3,920 SF)
APN
79 004 01 1083 000
UPID
US43-5263096
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
Bujar Bajramaj
Bujar Bajramaj
since 2025
Last sale
$202,000
7 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
$2,951
Tax year 2019
Assessed value
$57,900
Assessed 2024
Previous assessed
$50,200
+15.3% YoY
Effective rate
5.10%
On assessed value
Total market value
$115,800
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
Live-work space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1945
Construction
BRICK
Heating
FORCED AIR
Buildings
1
Stories
1
Rooms
4
Bathrooms
1
Total area
2,815 SF
Lot
0.09 ac (3,920 SF)
APN
79 004 01 1083 000
UPID
US43-5263096
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
1945
Construction
BRICK
Heating
FORCED AIR
Stories
1
Buildings
1
Rooms
4
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Bujar Bajramaj
Individual
Free & Clear · 0 yrs held
Mailing address
61353 W 8TH MILE RD, SOUTH LYON, MI 48178-9004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2025
—
Bujar Bajramaj
Angela Bajramaj
Deed
related
—
Aug 20, 2025
$202,000
26732 Grand River LLC
Bujar Bajramaj
Warranty Deed
—
Sep 26, 2017
$10,000
Bujar Bajramaj
Thomas,allen & Kimberly
Quit Claim Deed
related
—
Nov 9, 2015
—
Allen Thomas
Thomas,allen
Quit Claim Deed
related
—
Oct 28, 2010
—
Allen Thomas
Charter Township Of Redford
Quit Claim Deed
related
—
Oct 24, 2008
$10,182
Treasurer Redford Township
Treasurer Of Wayne County
Quit Claim Deed
related
—
Aug 18, 2005
$70,000
Shawn Abdou
Discount Property
Warranty Deed
—
Mar 15, 2005
$4,000
Discount Property
Mills,aline
Quit Claim Deed
related
—
Feb 23, 2005
—
Discount Property
Reynold S Christian INC
Quit Claim Deed
—
Aug 13, 2004
—
State Of Michigan
State Treasurer Of Wayne County
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 26732 Grand Riv Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
