Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    27520 5th Mile Rd Livonia, MI 48154-3906

    • Office buildings
    • 1,056 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $95,000
    Last Sale
    Nov 22, 2022
    $95,000
    Location Intelligence
    Property ID
    US43-1614966
    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

    • Cutting Edge / Hair Salon / Beauty Salon

    Property Details for 27520 5th Mile Rd

    Year built
    1959
    Construction
    BRICK
    Lot size
    0.22 lot acres
    Property size
    1,056 SF
    Property type
    Office buildings
    APN
    46 052 01 0035 002
    APU
    46052010035002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3191
    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
    $3,280
    $0.00
    $0.00
    $69,200
    -
    $0.00
    $0.00
    $138,400

    Comparable in this City

    • Value Estimation by Request
      7,200 SF

      16000 Middlebelt Rd

      OFFICE BUILDING • 7,200 SF
      16000 Middlebelt Rd, Livonia, MI 48154-3359
      View Details
    • Value Estimation by Request
      1,448 SF

      15400 Oak Dr

      OFFICE BUILDING • 1,448 SF
      15400 Oak Dr, Livonia, MI 48154-3476
      View Details
    • Value Estimation by Request
      4,270 SF

      32398 5th Mile Rd

      OFFICE BUILDING • 4,270 SF
      32398 5th Mile Rd, Livonia, MI 48154-6109
      View Details
    • Value Estimation by Request
      2,200 SF

      33020 5th Mile Rd

      OFFICE BUILDING • 2,200 SF
      33020 5th Mile Rd, Livonia, MI 48154-3075
      View Details
    • Value Estimation by Request
      6,507 SF

      29594 5th Mile Rd

      OFFICE BUILDING • 6,507 SF
      29594 5th Mile Rd, Livonia, MI 48154-3710
      View Details
    • Value Estimation by Request
      20,779 SF

      29550 5th Mile Rd

      OFFICE BUILDING • 20,779 SF
      29550 5th Mile Rd, Livonia, MI 48154-3710
      View Details

    Similar Nearby for Sale

    • $3,400,000
      24,678 SF

      Livonia Medical Office Building

      Prime Livonia location, high-yield medical office.
      15130-15146 Levan R, Livonia, MI 48154
      View Details
    • $140,000
      0.60 Acres

      Livonia Medical Office Building

      Prime Medical Office Land, $140,000
      15150 Levan Rd, Livonia, MI 48154
      View Details
    • $695,000
      6,100 SF

      Livonia Office Building Investment

      6,100 SF Office Building, Excellent Location
      32290 5 Mile Rd, Livonia, MI 48154
      View Details
    • $140,000

      Land Near St. Mary Hospital

      Land site plan approved for medical office building.
      15150 Levan Rd, Livonia, MI 48154
      View Details
    • $59,900

      Commercial Land For Sale

      Vacant commercial land with high exposure in excellent location.
      27510 5 Mile Rd, Livonia, MI 48154
      View Details
    • $299,900
      1.58 Acres

      Livonia Vacant Land Development Opportunity

      1.6 acres of vacant land zoned for multi-family use.
      27480 5 Mile Rd, Livonia, MI 48154
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,792 SF

      Middlebelt Road Office/Medical Opportunity

      Office building with ample parking and frontage on Middlebelt Rd.
      14021 Middlebelt Rd, Livonia, MI 48154
      View Details
    • $14 SF/Yr
      2,980 SF

      Direct Entry Office Building

      Office building for rent with ample parking and roadside visibility.
      32826 5 Mile Rd, Livonia, MI 48154
      View Details
    • $21 SF/Yr
      25,337 SF

      Livonia Executive Office Space

      Prime Office, 1,380 SF Available
      15130-15148 Levan Rd, Livonia, MI 48154
      View Details
    • $16 SF/Yr
      1,800 SF

      Farmington Road Office Space

      Livonia office suites, ample parking.
      15265 Farmington Rd, Livonia, MI 48154
      View Details
    • $3,500 /Mo
      2,720 SF

      Modern Medical Spa Space Available

      Newly renovated medical spa space for rent in Livonia.
      15645 Farmington Rd, Livonia, MI 48154
      View Details
    • $17 SF/Yr
      2,021 SF

      Renovated Office Space Available

      Professionally managed, renovated office space with direct suite entry.
      16801 Newburgh Rd, Livonia, MI 48154
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    27520 5th Mile Rd
    Livonia, MI 48154-3906
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.