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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Day care centers
37550 7th Mile Rd, Livonia, MI 48152-1004
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US43-2256150
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2007
Total area
12,000 SF
Lot
3.83 ac (166,835 SF)
APN
46 024 99 0030 003
UPID
US43-2256150
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Learning Tree Child Care Center- West Daycare Center Foster Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$940k
Blend (final)
Blend
$940k
Owner & transaction history
37550 Seven Mile Road LLC · 13 yrs held
37550 Seven Mile Road LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+80.2%
Commercial (general)
$1.2M
+79.8%
Medical building
$1.1M
+63.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Livonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livonia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$690,000
Current use
RESTAURANT
$1,245,000
Change: +80% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,240,000
Change: +80% · Conversion: Difficult
MEDICAL BUILDING
$1,130,000
Change: +64% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$965,000
Change: +40% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$955,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$37,753
Tax year 2023
Assessed value
$813,400
Assessed 2024
Previous assessed
$800,700
+1.6% YoY
Effective rate
4.64%
On assessed value
Total market value
$1,626,800
Applied tax rate
82,095.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
12,000 SF
Lot
3.83 ac (166,835 SF)
APN
46 024 99 0030 003
UPID
US43-2256150
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$690,000
RESTAURANT
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$965,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$955,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
3.83 ac
Current owner
From public records · entity-resolved
37550 Seven Mile Road LLC
Entity
Mailing address
37550 7TH MILE RD, LIVONIA, MI 48152-1004
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2022
—
37550 Seven Mile Road LLC
—
Deed
related
$1,150,000 · Independent Bank
Apr 19, 2017
—
37550 Seven Mile Road LLC
—
Deed
related
$1,480,000 · Chemical Bk
Oct 10, 2012
—
37550 Seven Mile Road LLC
Talon Tle Livonia LLC
Warranty Deed
$8,751,318 · Comerica Bank
Mar 14, 2007
$425,000
Talon Tle-livonia LLC
Oakwood Healthcare INC
Warranty Deed
—
—
—
37550 Seven Mile Road LLC
—
Loan Modification
related
$1,360,000 · Comerica Bk/detroit
—
—
37550 Seven Mile Road LLC
—
Deed Of Trust
related
$1,480,000 · Chemical Bk
—
—
Talon Tle-livonia LLC
—
Deed Of Trust
related
$2,350,000 · Comerica Bk/detroit
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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