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    FOR LEASE
    Office buildings

    19975 Victor Pkwy, Livonia, MI 48152

    100,448 SF 13.18 ac lot Built 1996
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US43-1814834
    Property summary
    AI-generated overview

    This exceptional Class A office building, located at 19975 Victor Parkway in Livonia, Michigan, offers 100,597 square feet of meticulously maintained space. Ideal for a corporate headquarters, this property boasts recently refurbished interiors, featuring new carpeting and paint throughout. The building provides ample parking with convenient access via multiple entrances, ensuring ease of use for employees and clients. Its strategic location offers unparalleled connectivity, with close proximity to major freeways including I-275, I-696, I-96, and M-5, facilitating seamless commutes. The surrounding area is rich with amenities, including a wide array of restaurants, hotels, banks, and retail establishments, enhancing the convenience and appeal of this location. Furthermore, the P0-3 zoning designation presents a compelling redevelopment opportunity for forward-thinking investors. This property represents a rare combination of prime location, modern amenities, and significant potential, making it an exceptional investment opportunity in the thriving Livonia market. The building's address is 48152, Wayne County, Michigan.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1996
    Total area 100,448 SF
    Lot 13.18 ac (574,121 SF)
    APN 46 024 01 0002 000
    UPID US43-1814834
    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
    Current use
    Occupant on record · Public records
    • Valassis Advertising Agency Marketing & Advertising
    • Am Ex Trucking Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $13.33M
    Blend (final) Blend
    $13.33M
    Owner & transaction history
    19975 Vcp LLC · 1 yrs held
    19975 Vcp LLC
    since 2024
    2 recorded transactions
    2024
    2014
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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