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    OFF-MARKET Estimated value $1,585,000
    Turn key restaurants

    19265 Victor Pkwy, Livonia, MI 48152-1085

    14,460 SF 3.21 ac lot Built 1993
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-1586949
    Property summary
    AI-generated overview

    This exceptional commercial land parcel, located at 19265 Victor Parkway in Livonia, Michigan, presents a unique opportunity for businesses seeking a prominent location. The property encompasses two acres of land, offering ample space for development or expansion. The total buildable square footage is 15,000 square feet, currently entirely vacant, providing flexibility for a wide range of commercial ventures. Situated in the desirable 48152 zip code, this single-tenant property benefits from excellent visibility and accessibility. The site's generous size allows for substantial building plans, accommodating large-scale operations or multiple smaller businesses. With its strategic location and significant buildable area, this property is ideal for companies seeking to establish a strong presence in the thriving Livonia market. The property is available for lease, offering a blank canvas for a new commercial development. Interested parties are encouraged to explore the potential of this exceptional opportunity to secure a prime commercial location in a dynamic and growing area. The property's address is 19265 Victor Pkwy, Livonia, MI 48152. The coordinates are 42.4275762 latitude and -83.4215779 longitude.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1993
    Total area 14,460 SF
    Lot 3.21 ac (139,828 SF)
    APN 46 024 99 0003 009
    UPID US43-1586949
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.59M
    Blend (final) Blend
    $1.59M
    Owner & transaction history
    Future Land Holdings LLC · 3 yrs held
    Future Land Holdings LLC
    since 2023
    4 recorded transactions
    2023
    2019
    2018
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.0M +36.7%
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