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    Property profile & analytics

    37755 5th Mile Rd Livonia, MI 48154-1500

    • Drive through restaurants
    • 2,304 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 27, 2020
    Location Intelligence
    Property ID
    US43-3554659
    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.

    Current Use by Public Records

    • Tim Hortons / Donut Shop / Fast Food Restaurant

    Property Details for 37755 5th Mile Rd

    Year built
    2014
    Lot size
    0.65 lot acres
    Property size
    2,304 SF
    Zone code
    C-2
    Property type
    Drive through restaurants
    APN
    46 073 99 0001 008
    APU
    46073990001008

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4172
    Latitude
    42.3962
    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
    $14,133
    $0.00
    $0.00
    $261,400
    -
    $0.00
    $0.00
    $522,800

    Comparable in this City

    • Value Estimation by Request
      4,173 SF

      15399 Middlebelt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,173 SF
      15399 Middlebelt Rd, Livonia, MI 48154-3805
      View Details
    • Value Estimation by Request
      1,891 SF

      15378 Middlebelt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,891 SF
      15378 Middlebelt Rd, Livonia, MI 48154-3806
      View Details
    • Value Estimation by Request
      1,858 SF

      16815 Middlebelt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,858 SF
      16815 Middlebelt Rd, Livonia, MI 48154-3317
      View Details
    • Value Estimation by Request
      688 SF

      33406 5th Mile Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 688 SF
      33406 5th Mile Rd, Livonia, MI 48154-2860
      View Details
    • Value Estimation
      $1,715,000
      3,244 SF

      31150 5th Mile Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,244 SF
      31150 5th Mile Rd, Livonia, MI 48154-3642
      View Details
    • Value Estimation by Request
      1,400 SF

      13976 Merriman Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,400 SF
      13976 Merriman Rd, Livonia, MI 48154-4259
      View Details

    Similar Nearby for Sale

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    • $59,900

      Commercial Land For Sale

      Vacant commercial land with high exposure in excellent location.
      27510 5 Mile Rd, Livonia, MI 48154
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      Livonia Vacant Land Development Opportunity

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    Similar Nearby for Lease

    • $1,500 /Mo

      MDARD-Certified Commercial Kitchen For Rent

      Temperature-controlled commercial kitchen near Detroit, perfect for culinary businesses.
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      View Details
    • $4,500 /Mo

      Restaurant Space in High-Traffic Area

      Fully-equipped restaurant with parking, ready for immediate occupancy.
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      View Details
    • $15 SF/Yr
      12,000 SF

      Harrison Square Plaza Retail Space

      Livonia retail space: 1,000-1,200 sq ft available.
      28400 5 Mile Rd, Livonia, MI 48154
      View Details
    • $16 SF/Yr
      1,800 SF

      Farmington Road Office Space

      Livonia office suites, ample parking.
      15265 Farmington Rd, Livonia, MI 48154
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    • $14 SF/Yr
      27,723 SF

      Retail Space Near I-96 & I-275

      Retail spaces available in neighborhood center near I-96 & I-275.
      33653-33897 5 Mile Rd, Livonia, MI 48154
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    • $18 SF/Yr
      2,400 SF

      Updated Retail Space on Middlebelt

      Updated 2,400 SF retail space with signage available for lease.
      16755 Middlebelt Rd, Livonia, MI 48154
      View Details

    Property Visit Statistics

    • Visits by month
      15.1k
    • Visitors by month
      13.8k
    • Avg Time on site
      20 min
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    37755 5th Mile Rd
    Livonia, MI 48154-1500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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