Financial
Distress signals
Property profile

37487 7th Mile Rd Livonia, MI 48152

OFF-MARKET
Medical Office Space
Property ID
US43-1353627
18,070 SF 17.16 ac lot Built 1995
Last sale Aug 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$189k
Tax billed · 2023
Assessed value · 2024$3.51M
Effective rate5.40%

Value estimate

· Sep 2026
$10.55M
$9.49M – $11.60M
Sales comparison$2.43M

Realmo valuation models over county records.

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

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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop13.8
Wholesale Shop11.6
HVAC Service11.6

Location

37487 7th Mile Rd Livonia, MI 48152
County assessor Recorded deeds · 1 transfer 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

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
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