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    26732 Grand Riv Ave Redford, MI 48240-1511

    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.
    • Live-work space
    • 2,815 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 20, 2025
    $202,000
    Location Intelligence
    Property ID
    US43-5263096
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Live-work space

    Property Details for 26732 Grand Riv Ave

    Year built
    1945
    Construction
    BRICK
    Lot size
    0.09 lot acres
    Property size
    2,815 SF
    Property type
    Live-work space
    APN
    79 004 01 1083 000
    APU
    79004011083000

    Property 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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redford
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3089
    Latitude
    42.4375
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $2,951
    $0.00
    $0.00
    $57,900
    -
    $0.00
    $0.00
    $115,800

    Comparable in this City

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      26307 Grand Riv Ave

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      2,000 SF

      26020 Grand Riv Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,000 SF
      26020 Grand Riv Ave, Redford, MI 48240-1439
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      5,120 SF

      26313 Grand Riv Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,120 SF
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      5,280 SF

      26403 Grand Riv Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,280 SF
      26403 Grand Riv Ave, Redford, MI 48240-1504
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    • Value Estimation by Request
      0.03 Acres

      Poinciana

      VACANT COMMERCIAL LAND • 0.03 Acres
      Poinciana, Redford, MI 48240
      View Details

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    Similar Nearby for Lease

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      Redford Automotive Shop For Rent

      Automotive shop with M1 zoning available for rent.
      26680 W 7 Mile Rd, Redford, MI 48240
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    Redford, MI 48240-1511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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