Current Use by Public Records
- Office Spaces
Property Details for 38019 Schoolcraft Service Rd
- Year built
- 1986
- Lot size
- 2.69 lot acres
- Property type
- Office Spaces
- Property subtype
- Industrial properties
Description
This exceptional 33,294 square foot office and industrial property, located at 38019-38035 Schoolcraft Service Rd, Livonia, MI 48150, presents a compelling investment or user opportunity. Built in 1986, this single-story building sits on a 2.69-acre lot and boasts 115 parking spaces. The property is zoned M-2 and features multiple overhead doors, ensuring efficient operations. Its prime location at the intersection of I-96 and I-275 provides excellent visibility and accessibility. The building offers high visibility and frontage along Schoolcraft Road. The property is currently configured as a multi-tenant center with flexible space options ranging from 2,725 square feet to 20,000 contiguous square feet available for lease. Lease rates range from $7.95 to $9.95 per square foot, NNN. The asking price for the entire property is $1,964,346, representing a price per square foot of $59. This property is an ideal investment for those seeking a strong return in a desirable location. The APN is 46-117-02-0009-006. This is a rare opportunity to acquire a well-located, versatile commercial property in the thriving Livonia market.
Value Estimations
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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
- -83.4004
- Latitude
- 42.3827
