Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7 Mile Redford, MI 48240

    • Industrial land
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 25, 2022
    $12,000
    Location Intelligence
    Property ID
    US43-1912055
    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

    • Industrial land

    Property Details for 7 Mile

    Lot size
    0.04 lot acres
    Property type
    Industrial land
    APN
    79 008 02 0588 001
    APU
    79008020588001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redford
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3094
    Latitude
    42.4276
    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
    2019
    $259
    $0.00
    $0.00
    $3,200
    -
    $0.00
    $0.00
    $6,400

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      26627 8th Mile Rd

      INDUSTRIAL - VACANT LAND • 0.04 Acres
      26627 8th Mile Rd, Redford, MI 48240-1142
      View Details
    • Value Estimation by Request
      0.04 Acres

      26627 8th Mile Rd

      INDUSTRIAL - VACANT LAND • 0.04 Acres
      26627 8th Mile Rd, Redford, MI 48240-1142
      View Details
    • Value Estimation by Request
      0.09 Acres

      7 Mile

      INDUSTRIAL - VACANT LAND • 0.09 Acres
      7 Mile, Redford, MI 48240
      View Details
    • Value Estimation by Request
      0.04 Acres

      7 Mile

      INDUSTRIAL - VACANT LAND • 0.04 Acres
      7 Mile, Redford, MI 48240
      View Details
    • Value Estimation by Request
      0.05 Acres

      7 Mile

      INDUSTRIAL - VACANT LAND • 0.05 Acres
      7 Mile, Redford, MI 48240
      View Details
    • Value Estimation by Request
      0.05 Acres

      8 Mile

      INDUSTRIAL - VACANT LAND • 0.05 Acres
      8 Mile, Redford, MI 48240
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.12 Acres

      Residential Land in Redford Township

      0.12 acre lot in Redford, build your dream home!
      00000 Centralia, Redford, MI 48240
      View Details
    • $389,900

      Land on Beech Daly Road

      Land with frontage on Beech Daly, ideal for various uses.
      18633 Beech Daly Rd, Redford, MI 48240
      View Details
    • Contact for pricing
      0.18 Acres

      Redford Buildable Lot Opportunity

      0.18-acre buildable lot in Redford Union School District.
      18809 Sumner, Redford, MI 48240
      View Details
    • $325,000

      Commercial Land on Grand River

      Commercial land available on Grand River Avenue.
      26684 Grand River Ave, Redford, MI 48240
      View Details
    • $248,000
      2,500 SF

      Redford Warehouse: Prime Location

      Industrial Warehouse, High Visibility
      26325-26341 8 Mile Rd, Redford Charter Township, MI 48240
      View Details
    • $439,000
      2,136 SF

      Grand River Industrial Building

      High-visibility Redford industrial space for sale or lease.
      26080 Grand River Ave, Redford, MI 48240
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,200 SF

      Grand River Retail Space For Lease

      Prime Redford Township Retail Opportunity
      26554 Grand Riv, Redford Charter Township, MI 48240
      View Details
    • $7 SF/Yr
      4,709 SF

      Redford Retail Space Available

      Retail space available for lease in Redford, Michigan.
      25351-25495 Grand River Ave, Redford, MI 48240
      View Details
    • New
      $800 /Mo
      3,130 SF

      Redford Flex Space Available

      Flex space featuring office and warehouse components in Redford, MI.
      25846 W 7 Mile Unit A Rd, Redford, MI 48240
      View Details
    • $2,500 /Mo
      2,778 SF

      Redford Industrial Building For Rent

      Spacious 2,778 sq ft industrial building on busy intersection.
      25885 Eight Mile Rd, Redford, MI 48240
      View Details
    • Contact for pricing
      5,050 SF

      Redford Plaza Retail Space Available

      Prime Redford retail space, 1,400-2,400 sq ft.
      25025-25047 Grand Riv Ave, Redford Charter Township, MI 48240
      View Details
    • New
      $1,000 /Mo
      3,130 SF

      Redford Retail Space Available

      Retail space for lease in Redford, Michigan.
      25846 W Seven Mile Rd, Redford, MI 48240
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Mile
    Redford, MI 48240
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.