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    16755 Middlebelt Rd Livonia, MI 48154

    For Lease
    $18 SF/Yr ($3,766 /Mo)

    Updated 2,400 SF retail space with signage available for lease.

    Property size:
    2,400 SF
    Lot size:
    0.29 Acres

    Property Features for 16755 Middlebelt Rd

    General Information

    Size
    2,400 SF
    Lot size
    0.29 Acres

    Source: Van Esley Real Estate Agent Joseph Van Esley

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

    Overview

    Updated Retail Space on Middlebelt

    This 2,400 square foot retail unit offers an open layout suitable for various business needs. The property benefits from signage opportunities on Middlebelt Road. Recent updates include an updated HVAC system, a new tankless hot water heater, new LED lighting throughout the space, new windows, and an updated roof. The building's facade has been updated, and the interior features an open metal ceiling with skylights. Additional amenities include a parking lot and a new bathroom. An adjacent 2,700 square foot unit is available and can be connected to this space for a larger footprint. The current zoning is C-1. The unit is suitable for physical therapy. All information is approximate and should be verified.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3357945
    Latitude
    42.4106025

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    FAQs

    What type of property is this?
    Retail space - Updated 2,400 SF retail space with signage available for lease.
    Where is this retail space located?
    The property is located at 16755 Middlebelt Rd Livonia, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Signage on busy Middlebelt Road provides excellent visibility.; - Updated HVAC system ensures comfort and efficiency.; - New tankless hot water heater for on-demand hot water.
    (313) 418-3188
    Request Owner's contact information
    16755 Middlebelt Rd Livonia, MI 48154
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    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
    16755 Middlebelt Rd Livonia, MI 48154
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