31245 8th Mile Rd Livonia, MI 48152-1608
Property profile & analytics
31245 8th Mile Rd, Livonia, MI 48152-1608
- Retail space
- 11,050 SF
- 2.80 lot acres
Property ID
US43-1484522
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.
Location Intelligence
Current Use by Public Records
- ATKO MARKET AND BAKERY / Grocery & Convenience Store / Food Market
- higi / Physician
- Amazon Hub Counter - Atko Market and Bakery / Courier Service / Postal Service
- Dhimankumar Patel / Pharmacy
- Zenithkumar Gandhi / Pharmacy
Property Details for 31245 8th Mile Rd
- Year built
- 1998
- Lot size
- 2.80 lot acres
- Property type
- Retail space
- APN
- 46 006 99 0081 002
- APU
- 46006990081002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 12, 2022 | — | United States Small Business Admin | Michigan Certifield Development Cor | Assignment Of Agreement Of Sale | — |
| Jul 8, 2022 | — | Michiga Certified Development Corp | Atko USA Corporation | Assignment Of Lease (leasehold Sale) | — |
| Jun 30, 2022 | — | Atko Market West LLC | — | Deed · related | $604k · Michigan Certifeed Development Corporatt |
| Dec 9, 2021 | $1,100,000 | Atko Market West LLC | Sakineh LLC | Warranty Deed | $748k · First National Bank Of Pennsylvania |
| Feb 25, 2015 | — | Sakineh LLC | Homren Corp | Warranty Deed | — |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,300,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,745,000
- 6.5%
- $1,610,000
- 7%
- $1,495,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,370,000
- AI Estimate
- $1,370,000
Market price range: $388k - $1.37MMarket price range: $388k - $1.37M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $840,000 Current use
- OFFICE BUILDING
- $1,565,000 Change: +86% Conversion: Easy
- RESTAURANT
- $1,145,000 Change: +36% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,140,000 Change: +36% Conversion: Easy
- MEDICAL BUILDING
- $1,040,000 Change: +24% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $890,000 Change: +6% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $880,000 Change: +4% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Livonia
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3548
- Latitude
- 42.4406
- 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
$41,824
$0.00
$0.00
$793,600
-
$0.00
$0.00
$1,587,200
