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    33653-33897 5 Mile Rd Livonia, MI 48154

    For Lease
    $14 SF/Yr

    Retail spaces available in neighborhood center near I-96 & I-275.

    Property size:
    27,723 SF
    Lot size:
    27,723 SF

    Property Features for 33653-33897 5 Mile Rd

    General Information

    Size
    27,723 SF

    Source: Brandon Ben-Ezra Agent Brandon Ben-Ezra

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near I-96 & I-275

    Located at the southwest corner of Five Mile Road and Farmington Road, this neighborhood retail center offers prime commercial exposure. The property is in close proximity to I-96 and I-275, providing easy ingress and egress. It features ample, convenient parking. Current tenants include Hungry Howies, Bench Pub, TheraSport, French's Flowers, and Livonia Lock & Key. Spaces from 1,220 SF to 3,764 SF are available contiguous. The landlord is motivated and offering aggressive lease rates. The property benefits from a dense neighborhood population.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3770295
    Latitude
    42.3967734

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    FAQs

    What type of property is this?
    Strip mall - Retail spaces available in neighborhood center near I-96 & I-275.
    Where is this strip mall located?
    The property is located at 33653-33897 5 Mile Rd Livonia, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime commercial exposure in a great neighborhood retail center.; - Close proximity to I-96 & I-275 highways.; - Join established retailers such as Hungry Howies and French's Flowers.
    (248) 732-9220
    Request Owner's contact information
    33653-33897 5 Mile Rd Livonia, MI 48154
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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
    33653-33897 5 Mile Rd Livonia, MI 48154
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