Property profile

28550 5th Mile Rd Livonia, MI 48154

OFF-MARKET
Assisted living facilities
Property ID
US43-1793531
49,717 SF 4.45 ac lot Built 1960
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1960
Construction BRICK
Total area 49,717 SF
Lot 4.45 ac (193,842 SF)
APN 46 051 99 0061 000
UPID US43-1793531

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home
  • Nursing Home
  • Nursing Home

Location

28550 5th Mile Rd Livonia, MI 48154-3866
Livonia metro Census 557100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.28M

Owner & transaction history

since 2021
Last sale
$2.6M
1 recorded transaction
2021
$2.6M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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