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Financial
Distress signals
Property profile

29100 7th Mile Rd Livonia, MI 48152

OFF-MARKET
Commercial real estate
Property ID
US43-0941468
5,535 SF 0.74 ac lot Built 1964
Last sale Dec 2017 · $1,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional car wash opportunity is located at 29100 W Seven Mile Rd, Livonia, MI 48152, in Wayne County. The property boasts 11,256 square feet on a 0.74-acre lot and is offered at an asking price of $2,499,000. This retail, special purpose property enjoys excellent visibility, with over 25,000 vehicles passing daily. Its prime location is within walking distance of numerous national retailers, including Walmart, Petco, Advance Auto Parts, Planet Fitness, LA Fitness, and Kohl's,…

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?
$14k
Tax billed · 2023
Assessed value · 2024$304k
Effective rate4.59%

Value estimate

· Oct 2026
$1.30M
$1.17M – $1.43M
Submarket $/SF estimate$749k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$61 – $160
Qualifying comparables7

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 agency49.8
Building Supply37.7
Restaurant33.8

Location

29100 7th Mile Rd Livonia, MI 48152-3504
County assessor Recorded deeds · 4 transfers 7 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
30025 Curtis, Livonia, MI 48152-3483 $625,000 Apr 2025 No data
18947 Lathers, Livonia, MI 48152-3732 $755,000 Aug 2024 No data
27847 7th Mile, Livonia, MI 48152-3701 $500,000 Apr 2024 1,409 SF
33579 8th Mile, Livonia, MI 48152-1290 $500,000 Sep 2020 No data
17725 Inkster, Livonia, MI 48152-3818 $440,000 Jul 2019 No data
29441 8th Mile, Livonia, MI 48152-1807 $29,000 Mar 2019 2,120 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
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