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Financial
Distress signals
Property profile

38000 Ann Arbor Rd Livonia, MI 48150

FOR LEASE
Commercial real estate
View Listing
Property ID
US43-5190843
21,250 SF 2.12 ac lot Built 1966
Last sale Sep 2021 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 0.6-acre commercial lot, located at 38000 Ann Arbor Rd in Livonia, Michigan, presents a unique retail investment opportunity. The property boasts a prime location at the corner of Ann Arbor Rd and Ann Arbor Trail, experiencing high daily traffic volume. Currently vacant, the 5,000 square foot site is zoned C-2 Commercial and offers a build-to-suit option for qualified tenants, accommodating structures ranging from 2,000 to 3,000 square feet. The property features all…

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$42k
Tax billed · 2023
Assessed value · 2024$788k
Effective rate5.31%

Value estimate

· Oct 2026
$2.09M
$1.88M – $2.29M
Submarket $/SF estimate$1.91M

Realmo valuation models over county records and 8 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 comparables8

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 agency21.5
Law Firm21.4
Hair Salon13.3

Location

38000 Ann Arbor Rd Livonia, MI 48150
County assessor Recorded deeds · 7 transfers 8 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
34350 Ann Arbor, Livonia, MI 48150-3606 $320,000 May 2025 13,248 SF
11833 Brookfield, Livonia, MI 48150-1701 $2,300,000 Feb 2025 32,396 SF
13570 Wayne, Livonia, MI 48150-1270 $1,900,000 Jul 2024 19,320 SF
38945 Ann Arbor, Livonia, MI 48150-3354 $2,000,000 Jun 2024 17,949 SF
34471 Industrial, Livonia, MI 48150-1305 $600,000 Jun 2024 7,200 SF
12550 Farmington, Livonia, MI 48150-1740 $900,000 Jun 2024 12,508 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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