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Property profile & analytics
FOR SALE
Commercial real estate

28203 Plymouth Rd Livonia, MI 48150

2,791 SF 0.93 ac lot Built 1968
Entity Owned 1-yr Hold Free & Clear
Property ID
US43-1687471
Property summary
AI-generated overview

This exceptional 2,494 square foot vacant commercial property, located at 28203 Plymouth Road in Livonia, Michigan, presents a unique owner-user or redevelopment opportunity. The former Burger King site boasts a prime location along a high-traffic corridor, offering excellent visibility and accessibility. The property sits on a 0.93-acre lot and includes 49 parking spaces, ensuring ample customer parking. Built in 1968, the building is zoned C-2 General Business, allowing for a variety of potential uses. The asking price is $950,000, translating to $380.91 per square foot. The property features a drive-thru, a significant advantage for quick-service restaurants or similar businesses. Its strategic location provides quick access to Interstate 96 (169,100 vehicles per day), placing it within easy reach of a large customer base. The surrounding area features a major retail corridor and is close to significant employers, contributing to a strong demographic profile within a 5-mile radius. The property is offered fee simple, encompassing both land and building ownership (APN: 46 141 99 0007 000). This presents a compelling investment opportunity for those seeking a high-traffic location with redevelopment potential in a thriving commercial area. The property's history as a national quick-service restaurant (QSR) provides a solid foundation for future success.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Construction BRICK
Total area 2,791 SF
Lot 0.93 ac (40,511 SF)
APN 46 141 99 0007 000
UPID US43-1687471
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Burger King Company LLC · 1 yrs held
Burger King Company LLC
since 2024
4 recorded transactions
2024
Price N/A
2017
Price N/A
2016
$212,551
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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