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    28425 8th Mile Rd Livonia, MI 48152-2008
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    Property profile & analytics

    28425 8th Mile Rd, Livonia, MI 48152-2008

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    • Medical Office Space
    • 16,389 SF
    • 4.82 lot acres
    Off-Market
    Last Sale Jun 30, 2023
    Property ID
    US43-0706285
    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.

    Value Estimations
    $1,735,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fresenius Kidney Care Botsford Park / Medical Clinic
    • Botsford Kidney Center / Medical Clinic
    • Baskin Sidney MD / Physician / Medical Clinic
    • Mark Marrone / Physician / Medical Clinic
    • Botsford Physician Referral / Physician Referral Service

    Property Details for 28425 8th Mile Rd

    Year built
    1976
    Construction
    BRICK
    Lot size
    4.82 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    46 002 99 0001 001
    APU
    46002990001001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 30, 2023 — National Medical Care INC Smbc Leasing And Finance INC Lease $4.8M · Smbc Leasing And Finance INC
    May 15, 2020 — Jra Associates LLC — Deed · related $1.7M · Horizon Bk
    Dec 18, 2018 — Jra Associates LLC Mi Investment Properties LLC Special Warranty Deed $1.8M · Horizon Bank
    Sep 25, 2018 — Mi Investment Properties LLC — Deed · related $2M · Christian A Paul
    Sep 23, 2014 — Mi Investment Properties LLC Botsford Equities 28425 W 8 Mi Grant Deed —
    — — Mi Investment Properties LLC — Deed Of Trust · related $1.4M · Miscellaneous Ins Co
    — — Mi Investment Properties LLC — Deed Of Trust · related $2M · Christian A Paul
    — — Jra Associates LLC — Loan Modification · related $1.7M · Horizon Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,737,000
      Market price range: $1.04M - $2.21M
      AI Estimate
      $1,737,000
      Market price range: $1.04M - $2.21M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,545,000
      Current use
      OFFICE BUILDING
      $2,320,000
      Change: +50% Conversion: Easy
      RESTAURANT
      $1,695,000
      Change: +10% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,695,000
      Change: +10% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,320,000
      Change: -14% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,305,000
      Change: -16% Conversion: Difficult
      RETAIL STORES
      $1,250,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3274
    Latitude
    42.4409
    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
    $48,954
    $0.00
    $0.00
    $975,300
    -
    $0.00
    $0.00
    $1,950,600
    More about this property
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