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    Property profile & analytics

    29041 7th Mile Rd Livonia, MI 48152-3503

    • Turn key restaurants
    • 3,918 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 18, 2020
    Location Intelligence
    Property ID
    US43-1246663
    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

    • LivoniaTownGrill / Family Restaurant

    Property Details for 29041 7th Mile Rd

    Year built
    1970
    Construction
    BRICK
    Lot size
    0.85 lot acres
    Property size
    3,918 SF
    Property type
    Turn key restaurants
    APN
    46 046 99 0013 001
    APU
    46046990013001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3325
    Latitude
    42.4267
    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
    2023
    $12,691
    $0.00
    $0.00
    $238,200
    -
    $0.00
    $0.00
    $476,400

    Comparable in this City

    • Value Estimation by Request
      1,310 SF

      33223 7th Mile Rd

      RESTAURANT • 1,310 SF
      33223 7th Mile Rd, Livonia, MI 48152-1365
      View Details
    • Value Estimation by Request
      13,730 SF

      19600 Haggerty Rd

      RESTAURANT • 13,730 SF
      19600 Haggerty Rd, Livonia, MI 48152-1077
      View Details
    • Value Estimation by Request
      39,046 SF

      19375 Victor Pkwy

      RESTAURANT • 39,046 SF
      19375 Victor Pkwy, Livonia, MI 48152-1085
      View Details
    • Value Estimation by Request
      6,703 SF

      20120 Haggerty Rd

      RESTAURANT • 6,703 SF
      20120 Haggerty Rd, Livonia, MI 48152-1087
      View Details
    • Value Estimation
      $770,000
      3,688 SF

      17200 Middlebelt Rd

      RESTAURANT • 3,688 SF
      17200 Middlebelt Rd, Livonia, MI 48152-3615
      View Details
    • Value Estimation by Request
      5,123 SF

      27725 8th Mile Rd

      RESTAURANT • 5,123 SF
      27725 8th Mile Rd, Livonia, MI 48152-2336
      View Details

    Similar Nearby for Sale

    • $110,000
      1,500 SF

      Turnkey Sushi Takeout Business

      Thriving sushi takeout business with high sales and growth potential.
      18768 Middlebelt Rd, Livonia, MI 48152
      View Details
    • $329,000
      2,015 SF

      Livonia Strip Center on 7 Mile

      Two-unit strip center on heavily traveled 7 Mile Road.
      27600 W 7 Mile Rd, Livonia, MI 48152
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    • Contact for pricing
      15,000 SF

      Livonia Storefront: 15,000 SF

      Prime Livonia storefront, 15,000 sq ft, high visibility.
      19265 Victor Pkwy, Livonia, MI 48152
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    • $500,000
      8,875 SF

      Livonia Activity Hall with Kitchen

      Large activity hall with remodeled kitchen and parking lot.
      27531 Grand River St, Livonia, MI 48152
      View Details
    • Contact for pricing
      373,350 SF

      Former Sears Retail Opportunity

      Large retail space adjacent to Livonia Marketplace.
      29500 7 Mile Rd, Livonia, MI 48152
      View Details
    • $525,000
      0.45 Acres

      Livonia Medical Office Building

      Spacious medical office, prime location, ample parking.
      18306 Middlebelt Rd, Livonia, MI 48152
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr

      Livonia Outlot with Drive-Thru

      Outlot with drive-thru available for lease in Livonia, Michigan.
      29473 7 Mile Rd, Livonia, MI 48152
      View Details
    • $2,100 /Mo

      Restaurant-Approved Retail Space Available

      Corner suite suitable for restaurant, retail, or small business.
      27570 7 Mile Rd, Livonia, MI 48152
      View Details
    • Contact for pricing
      800 SF

      Retail Spaces in Livonia Center

      Retail and restaurant spaces available in busy Livonia shopping center.
      17122-17176 Farmington Rd, Livonia, MI 48152
      View Details
    • Contact for pricing
      22,661 SF

      Mid Eight Plaza Retail Space

      Livonia Retail Space: 3,200 sq ft available.
      29105 8 Mile Rd, Livonia, MI 48152
      View Details
    • $16 SF/Yr
      4,301 SF

      Livonia Retail Space For Rent

      Neighborhood center with spaces suitable for retail, office, or medical.
      37104-37176 6 Mile Rd, Livonia, MI 48152
      View Details
    • $1,350 /Mo

      Retail Storefront in Livonia Plaza

      1,000 SF storefront ideal for retail or services.
      27530 7 Mile Rd, Livonia, MI 48152
      View Details
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    Livonia, MI 48152-3503
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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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