Financial
Distress signals
Property profile

17176 Farmington Rd Livonia, MI 48152

FOR LEASE
Strip malls
Property ID
US43-1771412
29,628 SF 2.81 ac lot Built 1962
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 31,200 square foot retail property, located at 17176 Farmington Road in Livonia, Michigan, presents a compelling investment opportunity. Built in 1962 and zoned C-2, this multi-tenant strip center and office space offers significant potential for growth. Currently, there are two available spaces ranging from 800 to 1,600 square feet, representing a total of 2,400 square feet of vacant space ready for immediate occupancy. The property's prime location in the bustling city of

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$60k
Tax billed · 2023
Assessed value · 2024$1.26M
Effective rate4.75%

Value estimate

· Sep 2026
$2.92M
$2.63M – $3.21M
Sales comparison$2.92M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.5
HVAC Service11.1
Auto Repair Shop10.4

Location

17176 Farmington Rd Livonia, MI 48152
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
37100 6th Mile, Livonia, MI 48152-2777 $1,417,500 Jan 2025 38,843 SF
20325 Middlebelt, Livonia, MI 48152-2003 $700,000 Nov 2024 8,372 SF
18750 Middlebelt, Livonia, MI 48152-3528 $1,382,250 Sep 2024 20,276 SF
18730 Middlebelt, Livonia, MI 48152-3528 $1,042,750 Sep 2024 12,212 SF
28911 7th Mile, Livonia, MI 48152-3503 $880,000 May 2023 8,400 SF
33467 8th Mile, Livonia, MI 48152-1201 $1,350,000 Jul 2020 19,425 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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