Financial
Distress signals
Property profile

31507 Plymouth Rd Livonia, MI 48150

OFF-MARKET
Other commercial real estate
Property ID
US43-0970355
1,500 SF 0.05 ac lot Built 1928
Last sale Mar 2025 · $71,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 1,980-square-foot retail building is located on Plymouth Road, west of Merriman. The property is positioned along a high-traffic roadway with an estimated 20,000 vehicles passing per day. The building features a roof with a hole that requires replacement; repairs may be workable depending on the condition. The structure is configured as retail space and presents potential for redevelopment or interior reconfiguration.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$61k
Effective rate3.82%

Value estimate

· Sep 2026
$65k
$59k – $72k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$102/SF
ZIP average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$54 – $151
Qualifying comparables20

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 agency26.1
Dental Office19.3
Law Firm18.6

Location

31507 Plymouth Rd Livonia, MI 48150-1903
County assessor Recorded deeds · 3 transfers 20 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
33539 Plymouth, Livonia, MI 48150-1507 $300,000 Apr 2025 1,760 SF
31410 Joy, Livonia, MI 48150-3836 $170,000 Nov 2024 1,224 SF
28435 Plymouth, Livonia, MI 48150-2327 $220,000 Aug 2024 2,162 SF
33400 Plymouth, Livonia, MI 48150-1508 $260,000 Aug 2024 912 SF
28422 Joy, Livonia, MI 48150-4133 $257,500 Jun 2024 1,200 SF
28426 Joy, Livonia, MI 48150-4133 $257,500 Jun 2024 2,400 SF
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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