Property summary
This exceptional 2.06-acre commercial land parcel presents a unique investment opportunity on 8 Mile Road in Livonia, Michigan. The property boasts 269 feet of frontage on this heavily trafficked thoroughfare, experiencing over 20,000 vehicles daily, ensuring significant visibility for any development. The site's depth measures 334 feet, offering ample space for a variety of commercial projects. Strategically located just east of Middlebelt Road, this land benefits from easy access to major freeways including I-696, I-275, I-96, and the Southfield Freeway, providing excellent connectivity throughout the metro area. The property comprises three parcels: a western parcel zoned C1, Local Business, and two eastern parcels zoned OS, Office Service. The combined zoning designations allow for a multitude of commercial uses, providing flexibility for potential buyers. The asking price of $299,900 makes this a compelling opportunity to acquire prime commercial real estate in a high-traffic area with excellent access to major transportation arteries. The property's APN is C1, Local Business & OS, Office Service, and the specific zoning designations are 46-002-01-0351-000, 46-002-01-0350-000, and 46-002-01-0349-000. This property is priced to sell and offers significant potential for future development and return on investment. The address is 29005, 29009, and 29023 Eight Mile Road, Livonia, MI 48152.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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