Listing Agency: Friedman Real Estate Show Phone

Listed By: Robert Gagniuk · License #MI 6501371492

Source: Crexi

Added: Sep 18, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:28AM

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Investment Insights

Based on property information with market context.

This commercial real estate offering features an office building with a total area of 100,597 square feet. The property is located in Livonia, Michigan.

Key Highlights

• Top 6 selling points from all property information

Property Analytics

Property Profile

Current Use

Valassis Advertising Agency Am Ex Trucking Company

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Parking Lot & Garage Storage Facility

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

797

Businesses Nearby

Explore this area Business Placement

Demographics for 48152, MI

31,098

Population

12,922

Households

2.4

Avg Household Size

47

Median Age

41%

College-Educated

95%

High-School Grad

12.0 sq mi

ZIP Area

2,592

Density / Sq Mi

$89,019

Median Household Income

$50,614

Median Earnings

$1,293

Median Rent

$284,300

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office building with 100,597 square feet available for sale.

Where is this office building located?

The property is located at 19975 Victor Pkwy Livonia, MI.

What are key features of this property?

This property features: Top 6 selling points from all property information