Financial
Distress signals
Property profile

33200 Capitol St Livonia, MI 48150

FOR LEASE
Manufacturing properties
Property ID
US43-1488171
36,305 SF 2.16 ac lot Built 1973
Last sale Sep 2019 · $1,800,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,500 square foot executive office suite is located at 33200 Capitol Street in Livonia, Michigan, within the Southern I-275 Corridor. Situated on a 2.16-acre lot, this free-standing, flex space building offers a bright and open layout, perfect for a variety of businesses. The suite is located on the second floor and boasts 20-foot ceilings. Built in 1973 and extensively renovated in 2020, the property features one loading dock and one dock-high door, catering to efficient

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$44k
Tax billed · 2023
Assessed value · 2024$761k
Effective rate5.75%

Value estimate

· Sep 2026
$1.78M
$1.60M – $1.95M
Sales comparison$2.63M
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 100,408.33% cap applied$12k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$81/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$37 – $106
Qualifying comparables8

Cap rate analysis

How does the asset earn?
100,408.33%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.7
Spa & Massage14.7
Hair Salon14.6

Location

33200 Capitol St Livonia, MI 48150
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
32543 Schoolcraft, Livonia, MI 48150-4307 $2,050,000 Jun 2024 30,000 SF
33067 Industrial, Livonia, MI 48150-1619 $2,200,000 Feb 2024 17,850 SF
12886 Westmore, Livonia, MI 48150-1648 $1,675,000 Dec 2023 18,000 SF
30999 Industrial, Livonia, MI 48150-2023 $1,910,000 Oct 2022 22,670 SF
12921 Stark, Livonia, MI 48150-1525 $2,150,000 Jul 2022 17,182 SF
30305 Schoolcraft, Livonia, MI 48150-2008 $900,000 Sep 2019 14,764 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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