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Property profile & analytics

7546 W Mcnichols Rd Detroit, MI 48221

  • Individual retail properties
  • 2,110 SF
  • 0.05 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1805548
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

  • Triplett Cleaners / Dry Cleaner

Property Details for 7546 W Mcnichols Rd

Year built
1934
Lot size
0.05 lot acres
Property size
2,110 SF
Zone code
B2
Property type
Individual retail properties
APN
16008259.
APU
16008259

Description

This exceptional 2,110 square foot retail property, located at 7546 W McNichols Rd in Detroit, Michigan, presents a unique investment opportunity. Built in 1934, this single-story building sits on a 0.05-acre lot (APN: W16I008259S) and is zoned for Commercial and Light Industrial use. The asking price is $345,000, translating to $164 per square foot. Benefiting from its prime location in the revitalized West 6 Mile Corridor and Bagley District, this property enjoys proximity to key areas including Livernois Avenue of Fashion, the University of Detroit Mercy campus, and the University District, all within a short distance. Furthermore, it's conveniently located approximately 10 minutes from Downtown Detroit. A significant advantage is a city of Detroit grant designed to support the re-establishment of a dry cleaning business. While cleaners equipment is excluded from the sale price and sold separately, the property includes a full basement. A three-hour notice is required for showings. The property is being sold "as is."


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1473
Latitude
42.4173
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
2020
$7,894
$0.00
$0.00
$56,300
-
$0.00
$0.00
$112,600
More about this property
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