19450 Haggerty RdLivonia, MI 48152

Property Details for 19450 Haggerty Rd

Year built

2005

Lot size

0.69 AC

Property size (Sq ft)

3,590 SF

Property type

Retail properties

Property subtype

Banks

APN

46 023 01 0007 000

APU

46023010007000

Description

This exceptional ±4,015 square foot free-standing executive office building is available for lease in Livonia, Michigan. Located on Haggerty Road within Livonia's premier commercial corridor, this property offers unparalleled visibility and accessibility. Built in 2005, the meticulously maintained all-brick building sits on a 0.07-acre lot and boasts 30 parking spaces, including drive-thru capabilities. Currently configured as a single-tenant space, the building is ideal for a bank, credit union, or other professional services firm. The ample parking and convenient location make it an attractive option for employees and clients alike. The property's versatile design allows for a variety of alternative uses. The current lease term expires on July 31, 2026, presenting a long-term lease opportunity for a national credit tenant. The asking rate is available upon request. The Wayne County Assessor's Parcel Number (APN) is 46 023 01 0007 000. This is a truly exceptional opportunity to secure a prime location in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $903,410

  6.5%

  $833,917

  7%

  $774,352

• Comparable approach

  Method

  Valuation

  Relative Method

  $846,238

  Geo Method

  $846,238

• Alternative Use

  Use

  Valuation

  Residential

  $703,440

  Hospitality

  $644,347

  Educational

  $536,090

  Medical

  $554,526

  Retail

  $833,917

Location Insight

City

Livonia

County

Wayne

State

Michigan

Latitude

42.4272

Longitude

-83.4327

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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