For Sale
531 E 7 Mile Road, Highland Park, MI 48203
$299,000
MLS # 20261024304 (Realcomp)
Built 19680.2 acres
1 / 27
Listing Description
Prime Commercial Property – Over 16,000 Sqft. Located right off 7 Mile in Highland Park, this impressive 16,000+ sq. ft. Warehouse offers exceptional potential for a wide range of business operations. Whether you’re looking to expand an existing enterprise or launch a new venture, this property provides the space, power, and durability to support your growth. Featuring three separate electrical breakers that supply 400+ Volts, the building is fully equipped to handle heavy-duty industrial or automotive use. The property’s concrete ceilings and industrial-strength secured doors throughout most rooms ensure lasting strength, safety, and security—ideal for high-value equipment or materials. With its expansive open floor plan, this space is perfectly suited for use as a collision or automotive repair shop, warehouse, or general industrial workspace. Property has potential for a grow operation with appropriate green zoning. Its versatile layout and solid infrastructure make it an outstanding investment opportunity in a convenient and accessible Highland Park location, just off 7 Mile.
Source: SparkMLS
About this home
Listed at $299,000.
Annual property taxes run approximately $12,837 ($1,070/month). 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 Size0.2 acres
Year Built1968
Location
CityHighland Park
Zip Code48203
CountyWayne
School DistrictDetroit
Construction & Systems
WaterPublic
Sale & Financing
Listed4/11/2026
Original Price$399,000
Source: SparkMLS
Tax Information
Annual Tax$15,071
Tax Year2025
State Equalized Value$156,200
Assessed Value$156,200
Parcel #09007605-7
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 Drake O'Donnell
NATOD Management
Frequently Asked Questions about 531 E 7 Mile Road, Highland Park, MI 48203
Which school district serves 531 E 7 Mile Road, Highland Park, MI 48203?
Per MLS# 20261024304, 531 E 7 Mile Road, Highland Park, MI 48203 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 531 E 7 Mile Road, Highland Park, MI 48203?
Per public tax records, annual property taxes for this property are $26,696. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 531 E 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.
Is 531 E 7 Mile Road, Highland Park, MI 48203 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 531 E 7 Mile Road, Highland Park, MI 48203?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$12,837
Monthly$1,070
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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Monthly payment$3,009
Principal & interest$1,939
Property taxes$1,070
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
531 E 7 Mile Road, Highland Park, MI 48203
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Neighborhood
Nolan
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Community
Detroit
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County
Wayne County
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