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    33200 Capitol St Livonia, MI 48150

    Sponsored
    For Lease
    $12 SF/Yr

    Modern Office Suite, Ample Parking

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,500 square foot executive office suite is located at 33200 Capitol Street in Livonia, Michigan, within the Southern I-275 Corridor. Situated on a 2.16-acre lot, this free-standing, flex space building offers a bright and open layout, perfect for a variety of businesses. The suite is located on the second floor and boasts 20-foot ceilings. Built in 1973 and extensively renovated in 2020, the property features one loading dock and one dock-high door, catering to efficient logistics. The building's total square footage is 40,000 square feet, with a maximum contiguous space of 3,500 square feet currently available. The property is zoned for light industrial use (M-1) and has ample parking with 119 spaces available. The electrical service is robust, providing 1,000 amps at 240 volts, three-phase power. The property's Wayne County address is 33200 Capitol Street, Livonia, MI 48150 (APN: 46-107-01-0001-003). This is a full-gross lease opportunity with easy access to area expressways. The building is a two-story structure and is currently multi-tenant.

    Property Features for 33200 Capitol St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    40000

    Building Details

    Year Built/Renovated
    1973/2020
    Stories
    2

    Unit(s) available at that property

    Space
    2nd Story Office Space
    Size
    3,500 SF
    Rate per SF
    $12

    HighLights

    • 3,500 SF of office space available for lease.
    • Bright, open second‑floor office suite.
    • Renovated in 2020.
    • Excellent expressway access.
    • Abundant parking.
    • Immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    V and V Appliance ... Appliance Parts Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3713427
    Latitude
    42.3734239

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    FAQs

    What type of property is this?
    Individual retail property - Modern Office Suite, Ample Parking
    Where is this individual retail property located?
    The property is located at 33200 Capitol St Livonia, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 3,500 SF of office space available for lease.; Bright, open second-floor office suite.; Renovated in 2020.
    Request Owner's contact information
    33200 Capitol St Livonia, MI 48150
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    Livonia, MI 48150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33200 Capitol St Livonia, MI 48150
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