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    Property profile & analytics

    7720 Michigan Ave Detroit, MI 48210-2218

    • Banks
    • 4,665 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1847949
    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

    • Comerica Bank / Bank / Investment Bank
    • Comerica Bank - ATM / Investment Bank / Atm

    Property Details for 7720 Michigan Ave

    Year built
    1967
    Lot size
    1.29 lot acres
    Property size
    4,665 SF
    Zone code
    B4
    Property type
    Banks
    APN
    20004747-53
    APU
    2000474753

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1384
    Latitude
    42.3316
    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
    $11,760
    $0.00
    $0.00
    $206,000
    -
    $0.00
    $0.00
    $412,000

    Comparable in this City

    • Value Estimation by Request
      3,500 SF

      5601 Warren Ave

      FINANCIAL BUILDING • 3,500 SF
      5601 Warren Ave, Detroit, MI 48210-1250
      View Details
    • Value Estimation by Request
      3,364 SF

      6301 Michigan Ave

      FINANCIAL BUILDING • 3,364 SF
      6301 Michigan Ave, Detroit, MI 48210-2954
      View Details
    • Value Estimation
      $380,000
      2,419 SF

      7707 Michigan Ave

      FINANCIAL BUILDING • 2,419 SF
      7707 Michigan Ave, Detroit, MI 48210-2217
      View Details
    • Value Estimation by Request
      2,330 SF

      7508 Warren Ave

      FINANCIAL BUILDING • 2,330 SF
      7508 Warren Ave, Detroit, MI 48210-1045
      View Details
    • Value Estimation by Request
      3,196 SF

      5622 Michigan Ave

      FINANCIAL BUILDING • 3,196 SF
      5622 Michigan Ave, Detroit, MI 48210-3037
      View Details
    • Value Estimation by Request
      2,624 SF

      5610 Springwells St

      RETAIL STORES (PERSONAL SERVICES) • 2,624 SF
      5610 Springwells St, Detroit, MI 48210-1961
      View Details

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    Similar Nearby for Lease

    • $27 SF/Yr
      11,832 SF

      Livernois Ave Commercial Space

      Detroit Office/Retail Suites Available
      4805 Livernois St, Detroit, MI 48210
      View Details
    • Contact for pricing

      Detroit Automotive and Retail Opportunity

      Automotive, retail, and parking spaces available for lease in Detroit.
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    • Contact for pricing

      Detroit Commercial Property For Rent

      Commercial property available for rent in Detroit, Michigan.
      4175 Central St, Detroit, MI 48210
      View Details
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      Detroit Parking Opportunity For Rent

      Fenced parking lot with security system and electronic gate.
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    • $5 SF/Yr
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      Detroit Warehouse/Manufacturing Space

      10,000-170,000 SF Available Now
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      Industrial Land Near Rail Yard

      15.87 acres available for lease near I-94 and rail.
      6100 Mcgraw St, Detroit, MI 48210
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    Property Visit Statistics

    • Visits by month
      8.6k
    • Visitors by month
      4.4k
    • Avg Time on site
      10 min
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    7720 Michigan Ave
    Detroit, MI 48210-2218
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    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
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