29005 8 Mile RdLivonia, MI 48152

Property Details for 29005 8 Mile Rd

Year built

1923

Lot size

0.58 AC

Property size (Sq ft)

1,392 SF

Property type

Commercial land

APN

46 002 01 0351 000

APU

46002010351000

Description

This exceptional 2.06-acre commercial land parcel presents a unique investment opportunity on 8 Mile Road in Livonia, Michigan. The property boasts 269 feet of frontage on this heavily trafficked thoroughfare, experiencing over 20,000 vehicles daily, ensuring significant visibility for any development. The site's depth measures 334 feet, offering ample space for a variety of commercial projects. Strategically located just east of Middlebelt Road, this land benefits from easy access to major freeways including I-696, I-275, I-96, and the Southfield Freeway, providing excellent connectivity throughout the metro area. The property comprises three parcels: a western parcel zoned C1, Local Business, and two eastern parcels zoned OS, Office Service. The combined zoning designations allow for a multitude of commercial uses, providing flexibility for potential buyers. The asking price of $299,900 makes this a compelling opportunity to acquire prime commercial real estate in a high-traffic area with excellent access to major transportation arteries. The property's APN is C1, Local Business & OS, Office Service, and the specific zoning designations are 46-002-01-0351-000, 46-002-01-0350-000, and 46-002-01-0349-000. This property is priced to sell and offers significant potential for future development and return on investment. The address is 29005, 29009, and 29023 Eight Mile Road, Livonia, MI 48152.

• Alternative Use

  Use

  Valuation

  Residential

  $272,755

  Hospitality

  $249,842

  Educational

  $207,865

  Medical

  $215,014

  Retail

  $323,346

Location Insight

City

Livonia

County

Wayne

State

Michigan

Latitude

42.4411

Longitude

-83.3331

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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