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    19265 Victor Pkwy Livonia, MI 48152

    For Sale
    Contact for pricing

    Prime Livonia storefront, 15,000 sq ft, high visibility.

    Property size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 15,000 square foot storefront property, located at 19265 Victor Parkway in Livonia, Michigan, presents a unique investment opportunity. Built in 1993, this single-building property sits on a substantial 3.5-acre lot (APN: 46-024-99-0003-009) and boasts a C2 zoning permit, allowing for a variety of uses. The building offers a spacious interior with 14-foot ceilings, ideal for a diverse range of businesses including restaurants, offices, retail establishments, medical practices, or educational facilities. Its strategic location on Victor Parkway ensures high visibility and accessibility, with an estimated 6,800 cars passing daily. The property benefits from significant advantages including waterfront views and proximity to major roadways, resulting in excellent freeway visibility. Furthermore, the location is characterized by a high daytime population and a dense residential population, providing a strong customer base. This expansive property offers significant potential for a variety of commercial ventures. The property type is classified as Office and Retail.

    Property Features for 19265 Victor Pkwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    15,000 SF
    Lot Size
    152,460 SF

    Building Details

    Year Built
    1993
    Buildings
    1

    HighLights

    • 3.5‑acre land parcel available for development.
    • 15,000 square feet of leasable space.
    • Stunning waterfront views.
    • Excellent freeway visibility for high brand awareness.
    • High daytime traffic counts.
    • Densely populated residential area provides a strong customer base.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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
    -83.4215779
    Latitude
    42.4275762

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    FAQs

    What type of property is this?
    Individual retail property - Prime Livonia storefront, 15,000 sq ft, high visibility.
    Where is this individual retail property located?
    The property is located at 19265 Victor Pkwy Livonia, MI.
    What are key features of this property?
    This property features: 3.5-acre land parcel available for development.; 15,000 square feet of leasable space.; Stunning waterfront views.
    Request Owner's contact information
    19265 Victor Pkwy Livonia, MI 48152
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    Livonia, MI 48152
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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
    19265 Victor Pkwy Livonia, MI 48152
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