Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

27500 Schoolcraft Rd Livonia, MI 48150

FOR LEASE
Strip malls
Property ID
US43-4688814
43,912 SF 2.4 ac lot Built 1960
Last sale Jan 2017 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Property summary

AI-generated overview

Buckingham Plaza, located at 27500 Schoolcraft Road, Livonia, MI 48150, presents a compelling investment opportunity. This single-story, 24,725 square foot shopping center comprises eleven units and is currently leased to a diverse mix of tenants, including Snookers Pool & Pub, BBS Distilleries, and Prime Cleaners. The property boasts a strong annual gross rental income of $224,790. Situated in a high-traffic area of Livonia, Wayne County, the center benefits from a robust local economy. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$55k
Tax billed · 2023
Assessed value · 2024$1.11M
Effective rate4.99%

Value estimate

· Oct 2026
$670k
$603k – $737k
Submarket $/SF estimate$2.57M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.1
Spa & Massage16.7
Law Firm16.2

Location

27500 Schoolcraft Rd Livonia, MI 48150
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28418 Joy, Livonia, MI 48150-4133 $100,000 Feb 2024 3,200 SF
36163 Plymouth, Livonia, MI 48150-1430 $2,900,000 Aug 2023 35,678 SF
27650 Schoolcraft, Livonia, MI 48150-2220 $335,000 Jun 2023 17,409 SF
28370 Joy, Livonia, MI 48150-4133 $120,000 Feb 2020 3,200 SF
10982 Middlebelt, Livonia, MI 48150-3058 $563,280 Sep 2019 10,844 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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