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    15265 Farmington Rd Livonia, MI 48154

    For Lease
    $16 SF/Yr ($2,512 /Mo)

    Livonia office suites, ample parking.

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This Livonia, Michigan commercial property, located at 15265 Farmington Road (cross street: 5 Mile), offers a prime retail and office space opportunity. The single, one-story building, constructed in 1980, totals 1,800 square feet and is currently fully vacant. The property is zoned C-2 and features three individual suites, each divisible to a minimum of 450 square feet, with a maximum contiguous space of 1,800 square feet. The building is classified as Class C. Ample parking is available for tenants and their clients. This corner location boasts excellent visibility due to its placement on a busy intersection, and its proximity to the Mayor Expressway (within one mile) provides convenient access for commuters. The Wayne County property (APN: 324662345) presents a versatile space suitable for a variety of businesses. This is an exceptional opportunity to establish a presence in the thriving Livonia submarket. The property's address is 15265 Farmington Rd, Livonia, MI 48154.

    Property Features for 15265 Farmington Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF
    Class
    C
    Total Rate
    2512.5

    Building Details

    Year Built
    1980
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,800 SF
    Rate per SF
    $16

    HighLights

    • 1,800 SF single‑story retail/office building in Livonia, MI.
    • Fully vacant, divisible into three suites (minimum 450 SF each).
    • Located at 15265 Farmington Rd (corner of 5 Mile Rd), offering high visibility.
    • C‑2 zoning, Class C building, ample parking.
    • Convenient access to the Mayor Expressway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mold Inspection Livonia Home Inspector

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.373709983725
    Latitude
    42.396611868314

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    FAQs

    What type of property is this?
    Office Property / Space - Livonia office suites, ample parking.
    Where is this office property / space located?
    The property is located at 15265 Farmington Rd Livonia, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 1,800 SF single-story retail/office building in Livonia, MI.; Fully vacant, divisible into three suites (minimum 450 SF each).; Located at 15265 Farmington Rd (corner of 5 Mile Rd), offering high visibility.
    Request Owner's contact information
    15265 Farmington Rd Livonia, MI 48154
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    Livonia, MI 48154
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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
    15265 Farmington Rd Livonia, MI 48154
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