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    Property profile & analytics
    OFF-MARKET Estimated value $1,500,000
    Commercial real estate

    32940 Schoolcraft Rd, Livonia, MI 48150-1609

    1.41 ac lot
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US43-1952701
    Property summary
    AI-generated overview

    This exceptional 21,000-square-foot industrial property in Livonia, Michigan, presents a unique investment opportunity. Situated on a 1.41-acre lot, this extensively renovated building (2017) boasts a versatile layout ideal for a variety of uses. The property features a large sanctuary with seating for 275, a fully equipped commercial kitchen, perfect for catering or food-related businesses. In addition to the sanctuary, there are seven individual offices, eight classrooms, and a sizable gym/fellowship hall, offering significant flexibility for diverse operational needs. A children's playground is also included on the property. The building is equipped with an elevator for convenient multi-level access and features zero-grade access for ease of loading and unloading. Its strategic location provides unparalleled access to major transportation arteries, with convenient proximity to I-96 and I-275, ensuring seamless connectivity throughout Metro Detroit. This property is in excellent condition and ready for immediate occupancy, making it an attractive option for businesses seeking a well-maintained and versatile space in a highly desirable location. The asking price is $1,680,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.41 ac (61,420 SF)
    APN 46 087 01 0016 003
    UPID US43-1952701
    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
    • Church in Livonia Church
    • My Goodland Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.50M
    Owner & transaction history
    Church In Detroit · 10 yrs held
    Church In Detroit
    since 2016
    Last sale
    $1.5M
    4 recorded transactions
    2016
    $675,000
    2012
    $1.3M
    2011
    $1.1M
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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