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Property profile & analytics
OFF-MARKET
Office Spaces

38019 Schoolcraft Service Rd Livonia, MI 48150

33,294 SF 2.69 ac lot Built 1986
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1986
Total area 33,294 SF
Lot 2.69 ac (117,176 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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