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    27430 5th Mile Rd Livonia, MI 48154-3902
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    Property profile & analytics

    27430 5th Mile Rd, Livonia, MI 48154-3902

    View on Map
    • Grocery and convenience stores
    • 2,816 SF
    • 0.36 lot acres
    Off-Market
    Last Sale Sep 21, 2020
    $565,000
    Property ID
    US43-1530041
    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.
    Value Estimations
    $780,000
    Show details
    Cap Rate Potential
    4.1%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • bp / Gas Station
    • Fatimas Grill Livonia / Restaurant

    Property Details for 27430 5th Mile Rd

    Year built
    1955
    Lot size
    0.36 lot acres
    Property type
    Grocery and convenience stores
    APN
    46 052 99 0086 000
    APU
    46052990086000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 16, 2015 — 5 Mile & Inkster Petromart LLC Rpf Oil Co Quit Claim Deed —
    May 20, 2015 $420,000 Rpf Oil Company Ssjj LLC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $880,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $610,000
      6.5%
      $560,000
      7%
      $520,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,050,000
      Market price range: $347k - $1.05M
      AI Estimate
      $1,050,000
      Market price range: $347k - $1.05M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3154
    Latitude
    42.3989
    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
    2023
    $11,880
    $0.00
    $0.00
    $423,700
    -
    $0.00
    $0.00
    $847,400

    Comparable in this City

    • Value Estimation
      $560,000
      1,500 SF

      31301 5th Mile Rd

      CONVENIENCE STORE
      31301 5th Mile Rd, Livonia, MI 48154-3627
      View Details
    • Value Estimation
      $860,000
      2,300 SF

      37449 5th Mile Rd

      CONVENIENCE STORE
      37449 5th Mile Rd, Livonia, MI 48154-1541
      View Details
    • Value Estimation by Request
      295 SF

      31338 5th Mile Rd

      CONVENIENCE STORE
      31338 5th Mile Rd, Livonia, MI 48154-3644
      View Details
    • Value Estimation
      $930,000
      7,560 SF

      13971 Middlebelt Rd

      CONVENIENCE STORE
      13971 Middlebelt Rd, Livonia, MI 48154-4537
      View Details
    • Value Estimation
      $570,000
      1,524 SF

      15300 Middlebelt Rd

      CONVENIENCE STORE
      15300 Middlebelt Rd, Livonia, MI 48154-3806
      View Details
    • Value Estimation by Request
      2,400 SF

      36274 5th Mile Rd

      CONVENIENCE STORE
      36274 5th Mile Rd, Livonia, MI 48154-1922
      View Details

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    Similar Nearby for Lease

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      Retail space for lease in a busy Livonia plaza.
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      1,563 SF retail space with high traffic and accessibility.
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      Retail space with freeway access and ample parking.
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      Versatile commercial space suitable for retail or office use.
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    Property Visit Statistics

    • Visits by month
      15.7k
    • Visitors by month
      9.5k
    • Avg Time on site
      8 min
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    Livonia, MI 48154-3902
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