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    Property profile & analytics

    16977 Newburgh Rd Livonia, MI 48154-1603

    • Turn key restaurants
    • 4,900 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 27, 2021
    Location Intelligence
    Property ID
    US43-1518538
    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

    • Brunch Cafe / Restaurant / Breakfast Restaurant

    Property Details for 16977 Newburgh Rd

    Year built
    2007
    Lot size
    0.88 lot acres
    Property size
    4,900 SF
    Property type
    Turn key restaurants
    APN
    46 069 99 0001 025
    APU
    46069990001025

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4162
    Latitude
    42.4102
    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
    $21,020
    $0.00
    $0.00
    $363,600
    -
    $0.00
    $0.00
    $727,200

    Comparable in this City

    • Value Estimation by Request
      5,445 SF

      35780 5th Mile Rd

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    • Value Estimation by Request
      4,845 SF

      15800 Middlebelt Rd

      RESTAURANT • 4,845 SF
      15800 Middlebelt Rd, Livonia, MI 48154-3813
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    • Value Estimation by Request
      1,024 SF

      15215 Farmington Rd

      RESTAURANT • 1,024 SF
      15215 Farmington Rd, Livonia, MI 48154-5447
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    • Value Estimation by Request
      11,279 SF

      15225 Farmington Rd

      RESTAURANT • 11,279 SF
      15225 Farmington Rd, Livonia, MI 48154-5447
      View Details
    • Value Estimation by Request
      4,173 SF

      15399 Middlebelt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,173 SF
      15399 Middlebelt Rd, Livonia, MI 48154-3805
      View Details
    • Value Estimation by Request
      1,891 SF

      15378 Middlebelt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,891 SF
      15378 Middlebelt Rd, Livonia, MI 48154-3806
      View Details

    Similar Nearby for Sale

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      Commercial Land For Sale

      Vacant commercial land with high exposure in excellent location.
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      Livonia Office Building Investment

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    Similar Nearby for Lease

    • $4,500 /Mo

      Restaurant Space in High-Traffic Area

      Fully-equipped restaurant with parking, ready for immediate occupancy.
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      MDARD-Certified Commercial Kitchen For Rent

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    • $15 SF/Yr
      12,000 SF

      Harrison Square Plaza Retail Space

      Livonia retail space: 1,000-1,200 sq ft available.
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    • $10 SF/Yr
      7,000 SF

      Prime Retail Space Available

      7,000 SF Retail Building, 4,000 SF Vacant
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    • Contact for pricing
      23,800 SF

      Retail Space in Livonia Plaza

      Retail space for lease anchored by Kroger in Livonia.
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    • $18 SF/Yr
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      Updated Retail Space on Middlebelt

      2,700 SF retail unit with recent updates for rent.
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    16977 Newburgh Rd
    Livonia, MI 48154-1603
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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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