Zoned Multi-Family Development
For Sale
$299,900
27480 Five Mile Road, Livonia, MI 48154
Vacant parcel zoned for multi-family residential use, offering flexibility for residential development near Five Mile Road.
Property SizeContact for details
Lot Size1.60 Acres
Days on Market509
Property Features for 27480 Five Mile Road
General Information
Standard status
Active
Lot size
1.60 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$1,258
Listing Agency:
EXP Realty Main
(313) 641-0560
Listed By:
Zeinab Bazzi · License #6501437204
(313) 641-0560
Source:
Compass
Added: Mar 31, 2025
Changed: Aug 8
Last Checked: Aug 8 at 9:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty Main
Investment Insights
Based on property information with market context.
A vacant land parcel at 27480 Five Mile Road in Livonia, totaling 1.6 acres and currently zoned for multi-family residential use. The site has been discussed in the past as supporting a 16-unit condo project, reflecting prior development planning interest. Based on the stated zoning parameters, the property is also described as allowing alternative business ventures, providing flexibility depending on the intended concept.
The property is located just off Five Mile Road and is positioned for convenient access to major roads and surrounding conveniences, including shopping centers, schools, and community amenities. The listing also notes that information is approximate and should be independently verified by buyers and their agents. BATVAI.
The property is located just off Five Mile Road and is positioned for convenient access to major roads and surrounding conveniences, including shopping centers, schools, and community amenities. The listing also notes that information is approximate and should be independently verified by buyers and their agents. BATVAI.
Key Highlights
- 1.6‑acre vacant land parcel in Livonia
- Zoned for multi‑family residential use
- Multi‑family zoning supports a range of residential options such as condominiums, townhomes, or apartment units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
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
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 - Vacant parcel zoned for multi-family residential use, offering flexibility for residential development near Five Mile Road.
Where is this residential land & home lot located?
The property is located at 27480 Five 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‑acre vacant land parcel in Livonia; Zoned for multi‑family residential use; Multi‑family zoning supports a range of residential options such as condominiums, townhomes, or apartment units
