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Leased Warehouse
For Sale
$3,850,000

31251 Industrial Rd, Livonia, MI 48150

The property is fully occupied under leases extending through August 2030.

Property Size57,870 SF
Price / SF$66.53
Days on Market9

Property Features for 31251 Industrial Rd

General Information

Standard status Active
Size 57,870 SF
Total Parking Spaces 43
Property subtype Industrial
Zoning M-1
Occupancy 100%

Building Details

Building Size 57,870 SF
Year Built 1967
Listing Agency: Signature Associates - Southfield
Listed By: Steven G. Gordon
Source: Cpix.resimplifi
Added: Sep 28 Changed: Oct 1 Last Checked: Oct 5 at 3:11PM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This 57,870-square-foot warehouse in Livonia was built in 1967 and is zoned M-1. The building is fully leased, with the current lease term running through August 2030.

Key Highlights

  • 57,870‑square‑foot warehouse
  • Fully leased through August 2030
  • M‑1 zoning

Property Analytics

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Open Analytics

Current Use

Lockwood Manufacturing Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Restaurant Nail Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48150, MI

26,573
Population
10,724
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
12.1 sq mi
ZIP Area
2,196
Density / Sq Mi
$94,058
Median Household Income
$50,779
Median Earnings
$1,328
Median Rent
$228,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Public Storage — 30300 Plymouth Rd, Livonia, MI 48150
  • Dedicated Logistics — 12004 Merriman Rd, Livonia, MI 48150
  • Men On the Move — 12400 Merriman Rd, Livonia, MI 48150
  • DMac Industries Inc — 31492 Glendale, Livonia, MI 48150
  • Mac Yard — 13520 Merriman Rd, Livonia, MI 48150

Frequently Asked Questions

What type of property is this?
Warehouse - The property is fully occupied under leases extending through August 2030.
Where is this warehouse located?
The property is located at 31251 Industrial Rd Livonia, MI.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: 57,870‑square‑foot warehouse; Fully leased through August 2030; M‑1 zoning
More about this property
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