19575 Victor PkwyLivonia, MI 48152

  • Office properties
  • 80,836 SF
For Lease
$14.95/SF/YR View listing

Property Details for 19575 Victor Pkwy

Year built
1998
Lot size
4.61 AC
Property size (Sq ft)
80,836 SF
Property type
Office properties
Property subtype
Office buildings
APN
46 024 01 0006 000
APU
46024010006000

Description

This exceptional executive office space, located at 19575 Victor Parkway in Livonia, Michigan, offers a prime location within the I-275 Corridor. The Victor Corporate Park building boasts a total of 4,774 square feet, with 4,771 square feet currently available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,513 square feet to a maximum contiguous space of 1,648 square feet. This presents a unique opportunity for businesses seeking flexible and modern office accommodations. The property is situated in Wayne County, offering easy access to major transportation routes and a thriving business community. The building's design caters specifically to executive office needs, providing a professional and efficient work environment. The address is conveniently located in the desirable I-275 Corridor submarket, ensuring excellent visibility and accessibility for clients and employees. This is an ideal location for businesses seeking a prestigious and functional office space in a strategic location. The available space is ready for immediate occupancy, allowing for a seamless transition for your business. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional property. The zip code is 48152.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,838,148
    6.5%
    $12,773,675
    7%
    $11,861,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,561,400
    Geo Method
    $7,561,400
  • Alternative Use

    Use
    Valuation
    Residential
    $15,839,357
    Hospitality
    $14,508,766
    Educational
    $12,071,123
    Medical
    $12,486,268
    Retail
    $18,777,302
19575 Victor Pkwy, Livonia, Michigan
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Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.4291
Longitude
-83.4232
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
$214,175
-
-
$4,359,500
-
-
-
$8,719,000

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