Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

27841 7th Mile Rd Livonia, MI 48152

OFF-MARKET
Strip malls
Property ID
US43-0973910
3,920 SF 0.14 ac lot Built 1940
Last sale Apr 2024 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 850-square-foot single-tenant retail space, located in Wayne County, presents a fantastic opportunity for a discerning business. Completely renovated in 2020, the property boasts a fresh, modern interior, ready for immediate occupancy. Its convenient single-story design offers easy accessibility, complemented by ample parking with 25 spaces available for customers and employees. The property's strategic location on a busy thoroughfare ensures high visibility and significant…

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 · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$122k
Effective rate3.34%

Value estimate

· Oct 2026
$500k
$450k – $550k
AI approach$500k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108
Qualifying comparables5

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.9
Law Firm29.7
Dental Office23.8

Location

27841 7th Mile Rd Livonia, MI 48152-3701
County assessor Recorded deeds · 4 transfers 5 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28209 7th Mile, Livonia, MI 48152-3750 $755,000 Nov 2024 3,200 SF
20325 Middlebelt, Livonia, MI 48152-2003 $700,000 Nov 2024 8,372 SF
27570 7th Mile, Livonia, MI 48152-3865 $270,000 Sep 2020 6,663 SF
19036 Middlebelt, Livonia, MI 48152-3530 $40,000 Jul 2019 2,400 SF
19618 Middlebelt, Livonia, MI 48152-2126 $1,000,000 Mar 2019 7,755 SF
27821 7th Mile, Livonia, MI 48152-3701 $240,000 Nov 2018 2,173 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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