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For Sale
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Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 122,976 SF
- Lot area
- 4.48 ac
- Year built
- 1972
- Stories
- 8
- APN
- 46 003 01 0423 000
- Assessed value · 2024
- $1,188,100
- Annual tax · 2023
- $19,434
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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