28203 Plymouth Rd Livonia, MI 48150
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.