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Livonia Land Development Opportunity
For Sale
$299,900

27480 5 MILE Road, Livonia, MI 48154

Vacant Land, Livonia, MI

Property SizeContact for details
Lot Size1.58 Acres
Days on Market495

Property Features for 27480 5 MILE Road

General Information

Property type Land
Property subtype Other
Zoning Multi-Family
Elementary school district Livonia
Middle school district Livonia
High school district Livonia
Directions Make a left onto five mile from Inkster Rd. and the plot of land is on the right hand side after a few hundred yards. N of Five Mile & W of Inkster.
Subdivision Livonia
Standard status Active
APN 46052990073001
Lot size 1.58 Acres

Taxes and HOA fees

Tax Description PART OF SE 1/4 SEC 13 T1S R9E DESC AS BEG S 89D 49M 00S W 594.00 FT FROM SE COR SEC 13 TH; S 89D 49M 00S W 202.50 FT TH; N 00D 04M 00S W 437.50 FT TH; N 89D 49M 00S E 142.50 FT TH; S 00D 04M 00S E 115.50 FT TH; N 89D 49M 00S E 60.00 FT TH; S 00D 04M 00S E 322.00 FT TO POB EXC THE SLY 60.00 FT FOR ROW 1.60 AC MORE OR LESS SUBJECT TO ANY EASEMENTS AND RESTRICTIONS OF RECORD
Tax Annual Amount 1258
Legal Description PART OF SE 1/4 SEC 13 T1S R9E DESC AS BEG S 89D 49M 00S W 594.00 FT FROM SE COR SEC 13 TH; S 89D 49M 00S W 202.50 FT TH; N 00D 04M 00S W 437.50 FT TH; N 89D 49M 00S E 142.50 FT TH; S 00D 04M 00S E 115.50 FT TH; N 89D 49M 00S E 60.00 FT TH; S 00D 04M 00S E 322.00 FT TO POB EXC THE SLY 60.00 FT FOR ROW 1.60 AC MORE OR LESS SUBJECT TO ANY EASEMENTS AND RESTRICTIONS OF RECORD

Utilities

Water source Public
Listing Agency: EXP Realty Main
Listed By: Zeinab Bazzi · License #6501437204
Added: Apr 14, 2025 Changed: Aug 19 Last Checked: Aug 21 at 1:06AM
MLS# 20250025023

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.6-acre parcel of vacant land in Livonia presents a prime development opportunity. Zoned for multi-family residential use, the site is suitable for condominiums, townhomes, or apartment units. A 16-unit condo project has been proposed in the past, demonstrating the site's potential for high-density residential development. The current zoning also allows for alternative business ventures, offering flexibility depending on the developer's vision. The property is located off Five Mile Road in an established neighborhood and provides convenient access to major roads, shopping centers, schools, and community amenities. The location in Livonia, Michigan, offers an attractive option for developers and investors.

Key Highlights

  • 1.6 Acres of Vacant Land in a Desirable Livonia Neighborhood
  • Zoned for Multi‑Family Residential Use (Condominiums, Townhomes, or Apartments)
  • Prime Location off Five Mile Road with Convenient Access to Amenities

Property Analytics

Current Use

Alpha Book Publisher Publishing House

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby

Demographics for 48154, MI

37,864
Population
15,330
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
3,264
Density / Sq Mi
$103,763
Median Household Income
$59,017
Median Earnings
$1,197
Median Rent
$285,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.6 acres of vacant land zoned for multi-family use.
Where is this residential land & home lot located?
The property is located at 27480 5 MILE Road Livonia, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1.6 Acres of Vacant Land in a Desirable Livonia Neighborhood; Zoned for Multi‑Family Residential Use (Condominiums, Townhomes, or Apartments); Prime Location off Five Mile Road with Convenient Access to Amenities
More about this property
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