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    17176 Farmington Rd Livonia, MI 48152

    For Lease
    $13 SF/Yr

    High-traffic retail space, multiple units available.

    Lot size:
    31,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 31,200 square foot retail property, located at 17176 Farmington Road in Livonia, Michigan, presents a compelling investment opportunity. Built in 1962 and zoned C-2, this multi-tenant strip center and office space offers significant potential for growth. Currently, there are two available spaces ranging from 800 to 1,600 square feet, representing a total of 2,400 square feet of vacant space ready for immediate occupancy. The property's prime location in the bustling city of Livonia, with a zip code of 48152, ensures high visibility and accessibility for businesses. The property's substantial size and flexible layout cater to a diverse range of retail and office tenants. Its strategic location within Livonia offers excellent access to major transportation routes and a dense population base, promising strong foot traffic and customer reach. The property's existing infrastructure provides a solid foundation for immediate operations, minimizing upfront investment costs. This is an ideal opportunity for businesses seeking a well-established location with ample space and high visibility in a thriving commercial area. The property's APN is 46 039 99 0007 000. Don't miss this chance to secure a prime retail space in a highly desirable location.

    Property Features for 17176 Farmington Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,200 SF
    Total Rate
    33800

    Building Details

    Year Built
    1962

    Unit(s) available at that property

    Space
    Vacant Retail/Office Space
    Size
    1,600 SF
    Rate per SF
    $15
    Space
    Vacant Courtyard Retail/Office
    Size
    800 SF
    Rate per SF
    $15

    HighLights

    • 1600 SF vacant suite, previously used as insurance office space.
    • 800 SF move‑in ready office/retail space.
    • Two new monument signs at the 6 Mile and Farmington Road entrances.
    • Newly paved and striped parking lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Secretary of State Self-service ... Department Of Motor Vehicles Secretary of State office Department Of Motor Vehicles MI. DMV Government Office

    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
    -83.373343711458
    Latitude
    42.412384419381

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space, multiple units available.
    Where is this neighborhood center located?
    The property is located at 17176 Farmington Rd Livonia, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1600 SF vacant suite, previously used as insurance office space.; 800 SF move-in ready office/retail space.; Two new monument signs at the 6 Mile and Farmington Road entrances.
    Request Owner's contact information
    17176 Farmington Rd 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
    17176 Farmington Rd Livonia, MI 48152
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