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Financial
Distress signals
Property profile

36051 5th Mile Rd Livonia, MI 48154

OFF-MARKET
Medical Office Space
Property ID
US43-1674406
4,757 SF 1.43 ac lot Built 1996
Last sale Aug 2023 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Livonia, Michigan medical office building presents a fantastic leasing opportunity. Located at 36051 Five Mile Rd, near Levan, this single-story, Class B building offers 4,993 square feet of space, with 2,500 square feet currently available for lease. Built in 2000 and renovated the same year, the property boasts a convenient single-level design. The available space is a former dental lab, featuring five offices and is easily accessible via elevator. The building is zoned…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value · 2024$425k
Effective rate6.31%

Value estimate

· Oct 2026
$765k
$689k – $842k
CAP approach$770k
Submarket $/SF estimate$641k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$94/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$63 – $135
Qualifying comparables16

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 agency34.8
Restaurant31.6
Law Firm31.2

Location

36051 5th Mile Rd Livonia, MI 48154-1931
County assessor Recorded deeds · 1 transfer 16 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15645 Farmington, Livonia, MI 48154-2851 $450,000 Sep 2022 2,355 SF
16771 Middlebelt, Livonia, MI 48154-3317 $400,000 Sep 2022 2,700 SF
15240 Merriman, Livonia, MI 48154-3570 $329,000 Mar 2022 3,042 SF
15357 Farmington, Livonia, MI 48154-2847 $250,000 Jan 2022 2,706 SF
33428 5th Mile, Livonia, MI 48154-2860 $782,000 Oct 2021 3,760 SF
16979 Farmington, Livonia, MI 48154-2946 $475,000 Aug 2021 7,816 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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