38019 Schoolcraft Service Rd Livonia, MI 48150
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.