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Property profile & analytics

29200 Vassar St Livonia, MI 48152

  • Office buildings
  • 122,976 SF
  • 4.48 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1432727
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.

Current Use by Public Records

  • Walter H Czeizler Law Office / Attorney
  • Bartos Hoffer Lustig & Tomes / Accountant

Property Details for 29200 Vassar St

Year built
1972
Lot size
4.48 lot acres
Property size
122,976 SF
Property type
Office buildings
APN
46 003 01 0423 000
APU
46003010423000

Description

This 120,000-square-foot, eight-story Class C office building, located at 29200 Vassar Street in Livonia, Michigan (zip code 48152), presents a unique redevelopment opportunity. Situated on a 4.48-acre lot (C-4 zoning), this vacant property boasts 422 surface parking spaces. Originally constructed in 1972 and renovated in 2013, the building is a recast concrete structure built for the U.S. Government, potentially offering a strong structural foundation. The interior has been largely gutted to the steel and concrete, making it ideal for repurposing. A site plan was approved on September 20, 2017, for a senior living apartment and condominium project, with full engineering plans available upon request. Permitted uses under the C-4 zoning include office, retail, wholesale, hotel, senior living, nursing homes, healthcare facilities, religious institutions, cultural centers, educational facilities, childcare centers, academies, parking structures, and restaurants. The property is conveniently located across from the redeveloped Livonia Mall/marketplace, anchored by a Walmart Supercenter, Sears Appliance Repair, Kohl's, La Fitness, Planet Fitness, Petco, and Cantoro Italian Market & Trattoria. The City of Livonia actively supports redevelopment efforts with brownfield and other tax incentives.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Livonia
County
Wayne
State
Michigan
Longitude
-83.3337
Latitude
42.4304
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
$19,434
$0.00
$0.00
$1,188,100
-
$0.00
$0.00
$2,376,200
More about this property
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