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Financial
Distress signals
Property profile

29441 8th Mile Rd Livonia, MI 48152

OFF-MARKET
Commercial real estate
Property ID
US43-1390522
2,120 SF 0.13 ac lot Built 1953
Last sale Mar 2019 · $290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$821
Tax billed · 2023
Assessed value · 2024$15k
Effective rate5.47%

Value estimate

· Oct 2026
$130k
$117k – $143k

Realmo valuation models over county records and 42 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$61 – $160
Qualifying comparables42

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.7
Law Firm21.6
Dental Office14.9

Location

29441 8th Mile Rd Livonia, MI 48152-1807
County assessor Recorded deeds · 2 transfers 42 qualifying comp sales Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
30025 Curtis, Livonia, MI 48152-3483 $625,000 Apr 2025 No data
18947 Lathers, Livonia, MI 48152-3732 $755,000 Aug 2024 No data
27847 7th Mile, Livonia, MI 48152-3701 $500,000 Apr 2024 1,409 SF
33579 8th Mile, Livonia, MI 48152-1290 $500,000 Sep 2020 No data
17725 Inkster, Livonia, MI 48152-3818 $440,000 Jul 2019 No data
39300 7th Mile, Livonia, MI 48152-1064 $3,550,000 Apr 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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