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    35200 Schoolcraft Rd Livonia, MI 48150

    • Office buildings
    • 17,873 SF
    • 1.54 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    $1,640,000
    Last Sale
    Jul 15, 2021
    $1,375,000
    Location Intelligence
    Property ID
    US43-1625202
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Qualigence International / Recruiter / Executive Search Firm
    • QResources / Employment Agency
    • Recruitment Education Institute / Corporate Office

    Property Details for 35200 Schoolcraft Rd

    Year built
    1986
    Lot size
    1.54 lot acres
    Property size
    17,873 SF
    Property type
    Office buildings
    APN
    46 083 03 0146 001
    APU
    46083030146001

    Description

    This exceptional 17,872 square foot, single-story medical office building in Livonia, Michigan, offers multiple suites for lease, ranging from 950 to 7,322 square feet. Located at 35200 Schoolcraft Road, this property boasts a convenient location with easy access to I-96, ensuring excellent visibility and accessibility for patients and staff. The building is zoned C-1, Local Business, allowing for a variety of medical uses. Ample parking is available, providing convenient access to each suite. The property also features prominent monument signage opportunities, enhancing visibility and brand recognition. This is an ideal location for medical practices seeking a well-maintained, easily accessible space in a thriving community. The building is situated in Wayne County, Michigan, with a zip code of 48150. The property's single-story design offers convenient access and functionality for medical professionals and their patients. The flexible suite sizes cater to a range of practice sizes and needs. Don't miss this opportunity to establish or expand your medical practice in a prime Livonia location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,795,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,375,000
      6.5%
      $1,550,000
      7%
      $1,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,640,000
      Geo Method
      $1,335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,665,000
      Retail
      $1,745,000
      Mixed-Use
      $1,680,000
      Hospitality
      $1,490,000
      Educational
      $1,575,000
      Residential Income
      $1,555,000
      Energy
      $1,445,000
      Income-Based Land
      $1,500,000
      Food Service
      $1,625,000

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3891
    Latitude
    42.383
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $51,494
    $0.00
    $0.00
    $932,600
    -
    $0.00
    $0.00
    $1,865,200

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      OFFICE BUILDING • 11,652 SF
      13520 Merriman Rd, Livonia, MI 48150-1830
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    • Value Estimation by Request
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      31281 Schoolcraft Rd

      OFFICE BUILDING • 1,904 SF
      31281 Schoolcraft Rd, Livonia, MI 48150-2032
      View Details
    • Value Estimation by Request
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      9400 Middlebelt Rd

      OFFICE BUILDING • 2,933 SF
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      View Details
    • Value Estimation by Request
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      11400 Milburn St

      OFFICE BUILDING • 1,800 SF
      11400 Milburn St, Livonia, MI 48150
      View Details
    • Value Estimation by Request
      3,981 SF

      10811 Farmington Rd

      OFFICE BUILDING • 3,981 SF
      10811 Farmington Rd, Livonia, MI 48150-5706
      View Details

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    35200 Schoolcraft Rd
    Livonia, MI 48150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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