Financial
Distress signals
Property profile

10982 Middlebelt Rd Livonia, MI 48150

OFF-MARKET
Strip malls
Property ID
US43-1030405
10,844 SF 1.16 ac lot Built 1979
Last sale Aug 2015 · $563,280
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial space located within Middlebelt Square and is suitable for office, medical, or service uses. It is positioned approximately one mile south of I-96 and less than ten minutes west of I-275 in the western Metro Detroit suburbs. The site is centrally located relative to nearby amenities, including grocery stores, restaurants, and retail options within walking distance.

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.

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?
$22k
Tax billed · 2023
Assessed value · 2024$392k
Effective rate5.58%

Value estimate

· Sep 2026
$570k
$513k – $627k
Submarket $/SF estimate$911k

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

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108
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 agency16.4
Law Firm14.1
Parking Facility10.6

Location

10982 Middlebelt Rd Livonia, MI 48150-3058
County assessor Recorded deeds · 4 transfers 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

4 recorded sales · 14 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28418 Joy, Livonia, MI 48150-4133 $100,000 Feb 2024 3,200 SF
36163 Plymouth, Livonia, MI 48150-1430 $2,900,000 Aug 2023 35,678 SF
27650 Schoolcraft, Livonia, MI 48150-2220 $335,000 Jun 2023 17,409 SF
28370 Joy, Livonia, MI 48150-4133 $120,000 Feb 2020 3,200 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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