Realmo Analytics

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Property profile

28477 7th Mile Rd Livonia, MI 48152

OFF-MARKET
Medical Office Space
Property ID
US43-1554003
4,392 SF 0.78 ac lot Built 1987
Last sale Feb 2016 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial property is configured as a fully built-out medical unit with a layout that includes multiple exam rooms for use by medical practices. The building has an area of approximately 1,250 square feet and provides ample on-site parking.

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?
$12k
Tax billed · 2023
Assessed value · 2024$318k
Effective rate3.90%

Value estimate

· Oct 2026
$260k
$234k – $286k
Submarket $/SF estimate$567k

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

Recently sold

What actually traded nearby?
$94/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$63 – $135
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 agency21.7
Dental Office15.8
Law Firm15.0

Location

28477 7th Mile Rd Livonia, MI 48152-3501
County assessor Recorded deeds · 3 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

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19920 Farmington, Livonia, MI 48152-1409 $350,000 Nov 2024 4,500 SF
19900 Haggerty, Livonia, MI 48152-1054 $7,815,914 Aug 2024 45,945 SF
19335 Merriman, Livonia, MI 48152-1754 $1,200,000 Dec 2021 6,240 SF
19849 Middlebelt, Livonia, MI 48152-2047 $680,000 Mar 2021 4,125 SF
31450 7th Mile, Livonia, MI 48152-1374 $530,000 Nov 2019 6,240 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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