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Financial
Distress signals
Property profile

29601 7th Mile Rd Livonia, MI 48152

OFF-MARKET
Commercial real estate
Property ID
US43-4245131
3.03 ac lot
Last sale Jul 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,718-square-foot retail space is available for lease in the vibrant city of Livonia, Michigan. Located at 29601 W Seven Mile Rd, this single-tenant property offers a prime opportunity for businesses seeking a high-visibility location. The building's total square footage is 1,718 square feet, with the entire space currently vacant, providing immediate occupancy for a new tenant. The property is zoned C-2, allowing for a variety of commercial uses, subject to city approvals. …

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?
$42k
Tax billed · 2023
Assessed value · 2024$733k
Effective rate5.74%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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

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 agency32.8
Law Firm24.2
Building Supply18.9

Location

29601 7th Mile Rd Livonia, MI 48152-1909
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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
39300 7th Mile, Livonia, MI 48152-1064 $3,550,000 Apr 2019 No data
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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