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Ground Lease Outlot Retail Site
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37657 Five Mile Rd, Livonia, MI 48154

Ground lease outlot available at a prominent corner near a major hospital and national retailers.

Space SizeContact for details
Days on Market115

Property Features for 37657 Five Mile Rd

General Information

Standard status Active
Property subtype Retail
Zoning C-1
Listing Agency: Gerdom Realty & Investment
Listed By: Michael Murphy · License #6501389134
Source: Cpix.resimplifi
Added: May 14 Changed: Aug 12 Last Checked: Sep 5 at 3:51AM

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 Gerdom Realty & Investment

Investment Insights

Based on property information with market context.

A ground lease outlot is available within the New Five Shopping Center, offering a dedicated site for businesses seeking a presence near established surrounding uses. This opportunity is positioned at a prominent corner, providing a straightforward option for a ground-up or specialty retail concept.

The outlot is located at the corner of Newburgh and 5 Mile Road, in Livonia, MI. The surrounding area includes a major hospital, Madonna University, Planet Fitness, and national retailers, supporting steady demand from both daily traffic and community activity.

For details on availability, terms, and site requirements, contact Zach Burk or Mike Murphy.

Key Highlights

  • Ground lease outlot available at the prominent corner of Newburgh and 5 Mile Road
  • Location near a major hospital
  • Nearby includes Madonna University and Planet Fitness

Property Analytics

Current Use

Simply Well Chiropractic Alternative Medicine Practice Spotlight Salon Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Nail Salon Building Supply

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Ground lease outlot available at a prominent corner near a major hospital and national retailers.
Where is this commercial land located?
The property is located at 37657 Five Mile Rd Livonia, MI.
What are key features of this property?
This property features: Ground lease outlot available at the prominent corner of Newburgh and 5 Mile Road; Location near a major hospital; Nearby includes Madonna University and Planet Fitness
More about this property
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