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Property profile & analytics
FOR SALE
Office buildings

32290 5 Mile Rd Livonia, MI 48154

6,024 SF 0.54 ac lot Built 1976
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US43-1853001
Property summary
AI-generated overview

This exceptional 2,540-square-foot single-tenant office suite in Livonia, Michigan, presents a fantastic opportunity for businesses seeking a prime location and functional space. Situated at 32290 Five Mile Rd, 48154, this first-floor suite boasts convenient access to major highways I-96 and I-275, placing your business within easy reach of Plymouth, Southfield, Farmington Hills, Westland, Canton, and Redford. The suite features a welcoming reception area, three spacious private offices with natural light, a comfortable kitchen/employee lounge, and ample space for additional offices or cubicles. Enjoy the convenience of your own private restrooms and building entry, along with ample parking directly outside. The building offers 24/7 access and is part of a professional office complex in a highly desirable area of Livonia. This is a ground-floor suite with "no stairs" access. A limited-time leasing special offers one month free rent on a two-year lease (signed by the end of November) or half off the first year's rent on a five-year lease. The suite is adaptable and can be divided, with rates adjusted accordingly. This is an ideal space for a professional business seeking a quiet, safe, and affordable office environment near restaurants, city hall, and a recreational center.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Total area 6,024 SF
Lot 0.54 ac (23,522 SF)
Zoning code OS
APN 46 060 01 0705 002
UPID US43-1853001
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • DENTAL DESIGN STUDIOS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$596k
Blend (final) Blend
$595k
Owner & transaction history
32290 Livonia Place LLC · 10 yrs held
32290 Livonia Place LLC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
OS · Livonia, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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