For Sale
341 W 7 MILE Road, Highland Park, MI 48203
$200,000
MLS # 20261017220 (Realcomp)
Built 19410.21 acres
1 / 5
Listing Description
Prime commercial opportunity on the Seven Mile corridor. This approximately 3000 SF building sits on a highly visible corner lot with 60 feet of frontage and on-site parking adjacent to the structure. The property offers a wide-open layout ready for customization, making it ideal for retail, office or service based businesses. 200 AMP electrical service has already been updated with exterior meter and riser in place. A great opportunity for an owner-user or investor to build out to suit. Sold as -is.
Source: SparkMLS
About this home
Listed at $200,000.
Estimated annual property tax: $1,570, or about $131 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.21 acres
Year Built1941
Location
CityHighland Park
Zip Code48203
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
WaterPublic
Sale & Financing
Listed3/16/2026
Source: SparkMLS
Tax Information
Annual Tax$1,537
Tax Year2025
State Equalized Value$19,100
Assessed Value$19,100
Parcel #01006965-9
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Herbert J Hill Jr
Herbert J Hill Realty Real Estate Master
Frequently Asked Questions about 341 W 7 MILE Road, Highland Park, MI 48203
What school district is 341 W 7 MILE Road, Highland Park, MI 48203 in?
Per MLS# 20261017220, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
How much are property taxes for this home?
Per MLS# 20261017220, the most recent reported annual property tax for 341 W 7 MILE Road, Highland Park, MI 48203 is $3,063. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 341 W 7 MILE Road, Highland Park, MI 48203 eligible for USDA financing?
Per USDA Rural Development boundary data, 341 W 7 MILE Road, Highland Park, MI 48203 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 341 W 7 MILE Road, Highland Park, MI 48203 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$1,570
Monthly$131
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$1,428
Principal & interest$1,297
Property taxes$131
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
341 W 7 MILE Road, Highland Park, MI 48203
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Neighborhood
State Fair
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Community
Detroit
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County
Wayne County
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