37657 5 Mile Rd Livonia, MI 48154
- Land
- 0.20 lot acres
Current Use by Public Records
- Simply Well Chiropractic / Chiropractor
- Spotlight Salon / Hair Salon
Property Details for 37657 5 Mile Rd
- Lot size
- 0.20 lot acres
- Property type
- Land
Description
This exceptional 0.2-acre commercial land parcel presents a unique investment opportunity in Livonia, Michigan. Situated at the highly visible corner of Five Mile Road and Newburgh Road, this property boasts a strategic location within a thriving commercial area. The C-1 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking high visibility and accessibility. The lot's prominent position benefits from proximity to major traffic arteries, ensuring significant exposure to potential customers. Its location near Madonna University, a major hospital, and established national retailers like Planet Fitness creates a strong foundation for success. This single-tenant ground lease opportunity is perfect for businesses looking to establish a strong presence in a densely populated and rapidly growing area. The property is conveniently located in Wayne County, with easy access to major transportation routes, making it an attractive option for both local and regional businesses. This is a rare chance to acquire a highly desirable commercial land parcel in a prime location with significant growth potential. The address is 37657 Five Mile Rd, Livonia, MI 48154.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Livonia
- County
- Wayne
- State
- Michigan
- Longitude
- -83.4151
- Latitude
- 42.3952
