Property summary
This exceptional investment opportunity presents a fully leased, multi-tenant industrial building situated in the thriving Livonia, Michigan market. The property, located at 30927 Schoolcraft Rd, boasts a total of 19,800 square feet across ten separately metered units, ranging in size from 1,200 to 3,600 square feet. Built in 1986 and renovated in 2008, the building offers a desirable combination of established infrastructure and recent improvements. The property features seven overhead… doors, one truck well, and a ceiling height of 18 feet, catering to diverse industrial needs. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $176,319, resulting in an attractive 6.96% capitalization rate. The asking price is $2,534,400, translating to $128 per square foot and $253,440 per unit. The 0.92-acre lot is further enhanced by a planned new parking lot slated for completion in 2024. This stabilized investment offers a compelling return with strong tenant occupancy and a prime location in Wayne County, MI, zip code 48150. The property's classification includes distribution, manufacturing, and warehouse uses. One loading dock is available.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 18 qualifying comparable sales.
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 · 13 properties nearbyComparable nearby
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 16,650 SF
- Lot area
- 0.92 ac
- Year built
- 1984
- Stories
- 1
- APN
- 46 102 99 0048 002
- Assessed value · 2024
- $405,200
- Annual tax · 2023
- $17,182
- Commercial (general)
- Medical Building
- Industrial (general) · current use
- Neighborhood: Shopping Center
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that 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.
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