Property summary
This exceptional 219,000-square-foot industrial property in Livonia, Michigan, presents a unique investment opportunity. Situated on a 20-acre lot, this Class B building boasts a diverse layout including substantial refrigerated/freezer space (over 37,000 square feet with 5,000 pallet capacity and 3,000 square feet of additional refrigeration), executive office space (10,000 square feet), and ample warehouse area. The property features 14 truck wells and 3 grade-level doors, catering to efficient loading and unloading. Ceiling heights vary from 20-30 feet, reaching 36 feet in the freezer section. Significant infrastructure includes silo tanks with a liquid tank capable of holding over 100,000 pounds of material, and a convenient railroad spur is available. Built in phases (1966, 1990, 1999) with renovations in 2005, 2010, and 2015, this property is zoned for light industrial use and is located at a signalized intersection in Wayne County, offering excellent visibility and accessibility. The building's former SQF approvals make it ideal for food processing, and its size and features make it suitable for single or multi-tenant occupancy. The asking price is $11,950,000.
Property profile
VerifiedCap rate & NOI
Current use
-
Bakery Specialty Food Shop
-
HVAC Service General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.