Property profile

37653 5 Mile Rd Livonia, MI 48154

OFF-MARKET
Industrial properties
1,200 SF Built 1919
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,200 square foot industrial property located at 37653 Five Mile, Livonia, MI, presents a unique investment opportunity. Currently operating as a successful flower shop, this business boasts a strong local reputation and a loyal customer base, ensuring a steady stream of revenue. The property is situated within a vibrant plaza, benefiting from the synergistic effect of neighboring businesses and increased foot traffic. This prime location offers excellent visibility and accessibility, making it an ideal spot for continued growth and expansion. The sale includes the established business, its existing inventory, and all associated fixtures and equipment. The turnkey nature of this offering minimizes the start-up costs and allows for immediate revenue generation. This is an unparalleled chance to acquire a profitable, established business with significant upside potential. The property itself is a 1,200 square foot industrial space, offering ample room for operations and storage. The existing infrastructure is well-maintained and ready for immediate use. This is a rare opportunity to combine the stability of an established business with the potential for significant future growth. The asking price for this thriving flower shop and its associated property is $59,900. Don't miss this chance to own a piece of Livonia's thriving business community.

Property profile

Verified
Property type Industrial properties
Year built 1919
Total area 1,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Theater & Performing Art Venue
  • (Bike/Boat/Book/etc) Store Florist

Location

37653 5 Mile Rd Livonia, MI 48154
Livonia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 37653 5 Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message