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Financial
Distress signals
Property profile

20385 Middlebelt Rd Livonia, MI 48152

OFF-MARKET
Commercial land
Property ID
US43-0377913
2,752 SF 0.46 ac lot Built 1968
Last sale Mar 2022 · $225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a parcel of commercial land configured for development, with approximately 200 feet of frontage on Middlebelt Road. The site includes paved parking improvements and has sewer service available on site. Monument signage is also available on the property.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$2k
Tax billed · 2023
Assessed value · 2024$43k
Effective rate5.51%

Value estimate

· Oct 2026
$215k
$194k – $237k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$61 – $160
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency27.5
Law Firm20.2
Dental Office14.9

Location

20385 Middlebelt Rd Livonia, MI 48152-2003
County assessor Recorded deeds · 1 transfer 5 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

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
27475 6th Mile, Livonia, MI 48152-3834 $80,000 Apr 2025 No data
37402 7th Mile, Livonia, MI 48152-1002 $3,500,000 Aug 2024 1,672 SF
20365 Middlebelt, Livonia, MI 48152-2003 $225,000 Mar 2022 1,600 SF
29085 7th Mile, Livonia, MI 48152-3503 $560,000 Nov 2021 No data
29205 7th Mile, Livonia, MI 48152-3558 $560,000 Nov 2021 No data
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

Comparable nearby

  • Value Estimation
    $105,000
    0.13 Acres
    19153 Saint Francis St
    VACANT COMMERCIAL LAND
    19153 Saint Francis St, Livonia, MI 48152
    View Details
  • Value Estimation
    $90,000
    0.13 Acres
    19161 Saint Francis St
    VACANT COMMERCIAL LAND
    19161 Saint Francis St, Livonia, MI 48152
    View Details
  • Value Estimation
    $90,000
    0.12 Acres
    19144 Saint Francis St
    VACANT COMMERCIAL LAND
    19144 Saint Francis St, Livonia, MI 48152
    View Details
  • Value Estimation
    $90,000
    0.12 Acres
    19137 Saint Francis St
    VACANT COMMERCIAL LAND
    19137 Saint Francis St, Livonia, MI 48152
    View Details
  • Value Estimation
    $115,000
    0.49 Acres
    29009 8th Mile Rd
    VACANT COMMERCIAL LAND
    29009 8th Mile Rd, Livonia, MI 48152-2042
    View Details
  • Value Estimation
    $170,000
    0.99 Acres
    29023 8th Mile Rd
    VACANT COMMERCIAL LAND
    29023 8th Mile Rd, Livonia, MI 48152-2042
    View Details

Similar Nearby for Sale

  • Contact for pricing
    4.48 Acres
    Livonia Redevelopment Opportunity Near Mall
    4.5-acre parcel in Livonia's C-4 zone, redevelopment opportunity.
    29200 Vassar Street, Livonia, MI 48152
    View Details
  • New
    $1,500,000
    2.15 Acres
    Commercial Land with Major Corridor Visibility
    Vacant land in a high-activity corridor with strong visibility and traffic, suited for retail, office, or mixed-use development.
    19265 Victor Parkway, Livonia, MI 48152
    View Details
  • New
    $700,000
    1.32 Acres
    Vacant Land with Major Road Frontage
    Vacant land offering 170' frontage on 7 Mile Rd and multi-family development potential.
    32520 7 Mile Rd, Livonia, MI 48152
    View Details
  • New
    $299,900
    2.06 Acres
    Prime Commercial Land in Livonia
    2.06 acres of commercial land on 8 Mile Road.
    29005, 29009, 29023 Eight Mile Road, Livonia, MI 48152
    View Details

Similar in This City for Lease

  • Contact for pricing
    0.60 Acres
    Corner Retail Build-to-Suit Land
    0.60-acre corner outlot with utilities available, offering a build-to-suit retail pad concept up to 2,000–3,000 SF.
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    View Details
  • $15 SF/Yr
    62,831 sqft
    Shopping Center with Junior Box Space
    Retail center offers junior box space, Plymouth Road frontage, and additional outlot development potential.
    29270-29350 Plymouth Rd, Livonia, MI 48150
    View Details
  • Contact for pricing
    Ground Lease Outlot Retail Site
    Ground lease outlot available at a prominent corner near a major hospital and national retailers.
    37657 Five Mile Rd, Livonia, MI 48154
    View Details
  • Contact for pricing
    0.20 Acres
    Commercial Outlot
    Ground lease opportunity near a major hospital, university, fitness center, and national retailers.
    37569 5 Mile Rd, Livonia, MI 48154
    View Details
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