15357 Farmington Rd, Livonia, MI 48154
2,761 sq ft building in the heart of Livonia.
- Added:
- Jan 8, 2026
- Days on Market:
- 170
- Last Refresh:
- Mar 17 at 1:20 pm
Property Features for 15357 Farmington Rd
General Information
- Standard status
- Active
- Size
- 2,761 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1954
Listing office Van Esley Real Estate
Listing date Jan 8, 2026
Source Crexi
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 Van Esley Real Estate
HighLights
- Prime "Downtown Livonia" location.
- 2,761 sq ft building with 2 separate units.
- Zoned C‑2 for commercial use.
- 16 parking spots available.
- Separate utilities for each unit.
- Land Contract terms are possible.
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.3k | $20.04 |
| − Vacancy | −$6.9k | −$2.49 |
| EGI | $48.5k | $17.55 |
| − OpEx | −$19.4k | −$7.02 |
| NOI | $29.1k | $10.53 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- A-Quality Care Veterinary Hospital — 11655 Farmington Rd, Livonia, MI 48150
Location Insight
- Map
- Local Demand
- City
- Livonia
- County
- Wayne
- State
- Michigan
- Longitude
- -83.374019
- Latitude
- 42.397782
