Livonia Vacant Land
For Sale
$299,900
27480 5 MILE Road, Livonia, MI 48154
1.6-acre vacant land parcel zoned for multi-family residential use.
Property SizeContact for details
Lot Size1.60 Acres
Days on Market484
Property Features for 27480 5 MILE Road
General Information
Standard status
Active
Lot size
1.60 Acres
Property subtype
Lots/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:
Exitrealty
Added: Apr 14, 2025
Changed: Aug 8
Last Checked: Jul 15 at 11:20PM
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.
This 1.6-acre parcel of vacant land is located off Five Mile Road in Livonia. Zoned for multi-family residential use, the property is suited for condominiums, townhomes, or apartment units. A 16-unit condo project has been proposed in the past. The current zoning also allows for alternative business ventures. Its location provides convenient access to major roads, shopping centers, schools, and community amenities. The property is surrounded by established neighborhoods and key amenities.
Key Highlights
- 1.6 Acres of Vacant Land Zoned for Multi‑Family Use
- Prime Location in Desirable Livonia Neighborhood
- Development Potential for Condominiums, Townhomes, or Apartments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
545
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 - 1.6-acre vacant land parcel zoned for multi-family residential use.
Where is this residential land & home lot located?
The property is located at 27480 5 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 Acres of Vacant Land Zoned for Multi‑Family Use; Prime Location in Desirable Livonia Neighborhood; Development Potential for Condominiums, Townhomes, or Apartments
