Property profile

27307 7th Mile Rd Redford, MI 48240

OFF-MARKET
Auto shops
Property ID
US43-5274488
5,796 SF 0.32 ac lot Built 1960
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1960
Total area 5,796 SF
Lot 0.32 ac (13,939 SF)
APN 79 008 01 0001 303
UPID US43-5274488

Cap rate & NOI

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

Location

27307 7th Mile Rd Redford, MI 48240-2016
Redford metro Census 554300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2021
Last sale
$190,000
7 recorded transactions
2021
$190,000
2021
Price N/A
2019
Price N/A
2016
Price N/A
2016
Price N/A
2015
$350,000
2004
$65,000

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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