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Property profile & analytics
FOR SALE
Commercial land

28800 Joy Rd Livonia, MI 48150

1.38 ac lot
Trust Owned 5-yr Hold Free & Clear
Property ID
US43-0532635
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 28800 Joy Road in Livonia, Michigan, presents a unique investment opportunity. The property, identified by APN 457645754765, is zoned C-2, offering a wide range of potential commercial uses. Situated conveniently east of Middlebelt Road and north on Joy Road, this 250-foot wide by 250-foot deep lot provides ample space for development. The asking price for this strategically located land is $219,000. The property's address is verified as 28800 Joy Rd, Livonia, MI 48150, within Wayne County. Its geographical coordinates are 42.35494206295251 latitude and -83.32463539852914 longitude. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving commercial area. The C-2 zoning allows for a variety of commercial ventures, providing flexibility for potential buyers. This is a rare opportunity to acquire a substantial commercial lot in a desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.38 ac (60,113 SF)
APN 46 143 99 0009 000
UPID US43-0532635
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Giocondo,rotellini Livin Trust · 5 yrs held
Giocondo,rotellini Livin Trust
since 2020
2 recorded transactions
2020
Price N/A
2015
$40,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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