15150 Levan Rd Livonia, MI 48154
This exceptional 0.6-acre lot in Livonia, Michigan, presents a unique investment opportunity. Located at 15150 Levan Road, this property boasts a site plan already approved for the construction of a 2,450 square foot medical office building. The property is zoned for medical office use, making it ideally suited for this purpose. Its convenient location places it directly across from St. John Providence, offering excellent visibility and accessibility for potential patients and staff. The asking price for this ready-to-develop parcel is $140,000. A land contract option is available for qualified buyers, making this an attractive proposition for those seeking flexible financing. The property's 2,450 square foot building plan provides a solid foundation for a thriving medical practice, offering ample space for various medical specialties. This is a rare chance to acquire a strategically located, fully permitted site in a high-demand area, perfect for immediate development or future investment. The property is situated in Wayne County, Michigan, with a zip code of 48154. Don't miss this opportunity to establish a successful medical practice in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.