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    Property profile & analytics

    20143 Livernois Ave Detroit, MI 48221-1345

    • Bars
    • 2,652 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 17, 2021
    Location Intelligence
    Property ID
    US43-1629120
    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

    • Bars

    Property Details for 20143 Livernois Ave

    Year built
    1925
    Lot size
    0.07 lot acres
    Property size
    2,652 SF
    Zone code
    B2
    Property type
    Bars
    APN
    16017484.
    APU
    16017484

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1423
    Latitude
    42.442
    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
    2020
    $1,515
    $0.00
    $0.00
    $62,700
    -
    $0.00
    $0.00
    $125,400

    Comparable in this City

    • Value Estimation by Request
      1,300 SF

      8440 Mcnichols Rd

      BAR, TAVERN • 1,300 SF
      8440 Mcnichols Rd, Detroit, MI 48221-2547
      View Details
    • Value Estimation by Request
      3,600 SF

      18482 Wyoming St

      BAR, TAVERN • 3,600 SF
      18482 Wyoming St, Detroit, MI 48221-2034
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    • Value Estimation by Request
      3,193 SF

      20510 Livernois Ave

      NIGHTCLUB (COCKTAIL LOUNGE) • 3,193 SF
      20510 Livernois Ave, Detroit, MI 48221-1348
      View Details
    • Value Estimation
      $50,000
      1,023 SF

      10193 7th Mile Rd

      BAR, TAVERN • 1,023 SF
      10193 7th Mile Rd, Detroit, MI 48221-1973
      View Details
    • Value Estimation by Request
      2,394 SF

      18949 Wyoming St

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,394 SF
      18949 Wyoming St, Detroit, MI 48221-2011
      View Details
    • Value Estimation by Request
      1,400 SF

      8634 Mcnichols Rd

      BAR, TAVERN • 1,400 SF
      8634 Mcnichols Rd, Detroit, MI 48221-2571
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,686 SF

      Detroit Bar/Restaurant Space for Lease

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    • $625,000
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      Detroit QSR Property - $625K

      Vacant QSR, redevelopment opportunity.
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    • $625,000
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      Retail Property with Drive-Thru

      Retail property featuring a drive-thru in a desirable location.
      16257 Livernois Ave, Detroit, MI 48221
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    • $1,700,000
      4,000 SF

      20050 Livernois St

      Restaurants • 4,000 SF
      20050 Livernois St, Detroit, MI 48221
      View Details
    • $1,500,000
      5,400 SF

      Equipped Restaurant and Banquet Space

      Ready-to-go restaurant and banquet space on the Avenue of Fashion.
      19350 Livernois Ave, Detroit, MI 48221
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    • $525,000
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      Detroit Restaurant - Prime Location

      High-return restaurant investment, 5,600 sq ft.
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    Similar Nearby for Lease

    • $2,350 /Mo

      Livernois Avenue Retail/Restaurant Space

      Versatile commercial space on Detroit's historic Avenue of Fashion.
      18957 Livernois Ave, Detroit, MI 48221
      View Details
    • $1,000 /Mo
      1,742 SF

      Renovated Retail Space in Detroit

      Recently renovated retail space with upgraded electrical and modern finishes.
      18113 Wyoming St, Detroit, MI 48221
      View Details
    • $2,100 /Mo

      Versatile Commercial Storefront on Livernois Avenue

      Commercial storefront with excellent visibility and flexible space for rent.
      18955 Livernois Ave, Detroit, MI 48221
      View Details
    • $12 SF/Yr
      1,000 SF

      Wyoming Street Creative Office Space

      1,000 sq ft renovated creative office
      18113 Wyoming Ave, Detroit, MI 48221
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    • $800 /Mo
      750 SF

      Detroit Commercial Space For Rent

      Versatile commercial space ideal for various businesses in Detroit.
      10100 W Mcnichols Rd, Detroit, MI 48221
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    • $22 SF/Yr
      16,080 SF

      Livernois Medical Plaza Opportunity

      Detroit medical office space for lease
      18400 Livernois St, Detroit, MI 48221
      View Details
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    Detroit, MI 48221-1345
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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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