Financial
Distress signals
Property profile

28663 Plymouth Rd Livonia, MI 48150

FOR SALE
Other commercial real estate
Property ID
US43-0779126
6,225 SF 0.51 ac lot Built 1955
Last sale Sep 2015 · $50,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

In Livonia, Michigan, this retail building contains approximately 6,225 square feet and is divided into four equal-sized units. Three units have established tenant occupancy history, while the fourth unit is configured for owner or tenant use. The property is located on Plymouth Road just east of Middlebelt Road, on a lot of about 0.51 acres, providing direct access to the surrounding road network. The building’s location offers convenient proximity to major freeways including I-96 and I-275, supporting retail and service-oriented uses.

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?
$13k
Tax billed · 2023
Assessed value · 2024$292k
Effective rate4.53%

Value estimate

· Sep 2026
$50k
$45k – $55k
Sales comparison$709k
NOI build-up
Gross scheduled income$90k
Vacancy & credit loss−$5k
Operating expenses−$25k
NOI · 7.86% cap applied$59k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$102/SF
ZIP average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$54 – $151
Qualifying comparables9

Cap rate analysis

How does the asset earn?
7.86%
$59k 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 agency18.7
Law Firm17.8
Parking Facility10.9

Location

28663 Plymouth Rd Livonia, MI 48150
County assessor Recorded deeds · 4 transfers 9 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
32500 Schoolcraft, Livonia, MI 48150-4311 $500,000 Mar 2025 3,800 SF
12731 Farmington, Livonia, MI 48150-1624 $1,050,000 Mar 2025 4,000 SF
28410 Joy, Livonia, MI 48150-4133 $170,000 Sep 2024 6,400 SF
28040 Joy, Livonia, MI 48150-4137 $225,000 Aug 2024 5,173 SF
33919 Plymouth, Livonia, MI 48150-1564 $375,375 Jul 2024 6,750 SF
34471 Industrial, Livonia, MI 48150-1305 $600,000 Jun 2024 7,200 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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