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Property profile & analytics
OFF-MARKET Estimated value $805,000
Strip malls

27437 6th Mile Rd Livonia, MI 48152-3834

11,006 SF 1.01 ac lot Built 1967
Entity Owned 9-yr Hold Free & Clear
Property ID
US43-1857005
Property summary
AI-generated overview

This exceptional retail opportunity presents a 7,000 square foot building situated at 27437 6 Mile Road. Currently configured as a single suite, the property offers significant potential for a variety of retail uses. A substantial 4,000 square feet of space is immediately available for lease, representing a significant portion of the building's total area. The existing tenant occupies the front half of the building, providing established foot traffic and visibility. This strategic location offers excellent exposure and accessibility for a new business. The property is classified as retail, with a commercial subtype, indicating its suitability for a range of retail operations. The building's size and layout provide ample space for a variety of retail concepts, from smaller boutiques to larger-scale operations. The available space is ready for immediate occupancy, presenting a unique opportunity for businesses seeking a turnkey solution. The property's location on 6 Mile Road ensures high visibility and convenient access for customers. This is an ideal opportunity for a business looking to establish a strong presence in a thriving retail environment. The existing tenant's presence provides a built-in customer base and enhances the overall appeal of the location. Serious inquiries are encouraged to explore this promising retail investment. Contact us today to schedule a viewing and discuss leasing options.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1967
Construction BRICK
Total area 11,006 SF
Lot 1.01 ac (43,996 SF)
APN 46 049 01 0150 002
UPID US43-1857005
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
  • Dollar General Discount Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$805k
Blend (final) Blend
$805k
Owner & transaction history
27437 Six Mile-livonia LLC · 9 yrs held
27437 Six Mile-livonia LLC
since 2016
2 recorded transactions
2016
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.1M +30.1%
Commercial (general) $1.1M +29.8%
Medical building $1.0M +18.4%
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