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    Property profile & analytics
    OFF-MARKET Estimated value $840,000
    Manufacturing properties

    11975 Globe St, Livonia, MI 48150-1133

    11,136 SF 0.81 ac lot Built 1968
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US43-1022995
    Property summary
    AI-generated overview

    This exceptional 10,956-square-foot warehouse, located at 11975 Globe St in Livonia, Michigan, presents a compelling investment opportunity. Built in 1968, this single-story industrial property sits on M-1 zoned land in Wayne County, offering significant potential. The building features a 16-foot clear ceiling height, ideal for various industrial uses. Access is facilitated by two 12' x 14' grade-level loading doors. Inside, the space includes 1,776 square feet of office area, complemented by two 3-ton cranes for efficient material handling. Power is robust, with 2300 amps, 600 volts, and 3-phase electrical service. Exterior features include a fenced parking lot, ensuring security and convenience. The roof was recently replaced in 2021 with a Duro-Last system, backed by a 20-year warranty, minimizing future maintenance concerns. The asking price is $1,205,160, translating to $110 per square foot. This property represents a rare combination of functionality, location, and value in the thriving Livonia industrial market. The 48150 zip code offers excellent access to major transportation routes, further enhancing its appeal to a wide range of potential buyers. This is a turnkey opportunity for immediate occupancy and operation.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1968
    Construction CONCRETE BLOCKS
    Total area 11,136 SF
    Lot 0.81 ac (35,284 SF)
    APN 46 115 05 0020 000
    UPID US43-1022995
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mid-West Screw Products Co. Industrial Manufacturer Factory
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $849k
    Blend (final) Blend
    $840k
    Owner & transaction history
    Peaceful Properties LLC · 1 yrs held
    Peaceful Properties LLC
    since 2025
    Last sale
    $830,000
    3 recorded transactions
    2025
    $830,000
    2024
    2018
    $293,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.2M +27.6%
    Commercial (general) $1.1M +25.8%
    Medical building $1.1M +16.0%
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