Realmo Analytics

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Property profile

18750 Middlebelt Rd Livonia, MI 48152

OFF-MARKET
Strip malls
Property ID
US43-0940602
20,276 SF 1.86 ac lot Built 1979
Last sale Sep 2024 · $1,382,250
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2,166-square-foot commercial retail space located on Middlebelt Road in Livonia. The unit is configured to support retail use, with suitability noted for services such as a nail salon. The space features access to surrounding amenities including ample parking and is positioned along a busy roadway. It is structured for a tenant-occupant arrangement typical of retail occupancy, with common area and operating-cost pass-throughs referenced as NNN.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value · 2024$748k
Effective rate3.81%

Value estimate

· Oct 2026
$1.38M
$1.24M – $1.52M
AI approach$1.38M
Submarket $/SF estimate$1.74M

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 agency26.0
Law Firm16.4
Building Supply15.6

Location

18750 Middlebelt Rd Livonia, MI 48152-3528
County assessor Recorded deeds · 4 transfers 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
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
19618 Middlebelt, Livonia, MI 48152-2126 $1,000,000 Mar 2019 7,755 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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