12301 Farmington RdLivonia, MI 48150

  • Manufacturing properties
  • 218,051 SF
For Sale
$11,950,000 View listing

Property Details for 12301 Farmington Rd

Year built
1966
Lot size
20.94 AC
Property size (Sq ft)
218,051 SF
Property type
Manufacturing properties
APN
46 112 99 0031 000
APU
46112990031000

Description

This exceptional 219,000-square-foot industrial property in Livonia, Michigan, presents a unique investment opportunity. Situated on a 20-acre lot, this Class B building boasts a diverse layout including substantial refrigerated/freezer space (over 37,000 square feet with 5,000 pallet capacity and 3,000 square feet of additional refrigeration), executive office space (10,000 square feet), and ample warehouse area. The property features 14 truck wells and 3 grade-level doors, catering to efficient loading and unloading. Ceiling heights vary from 20-30 feet, reaching 36 feet in the freezer section. Significant infrastructure includes silo tanks with a liquid tank capable of holding over 100,000 pounds of material, and a convenient railroad spur is available. Built in phases (1966, 1990, 1999) with renovations in 2005, 2010, and 2015, this property is zoned for light industrial use and is located at a signalized intersection in Wayne County, offering excellent visibility and accessibility. The building's former SQF approvals make it ideal for food processing, and its size and features make it suitable for single or multi-tenant occupancy. The asking price is $11,950,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $42,725,860
    Hospitality
    $39,136,660
    Educational
    $32,561,242
    Medical
    $33,681,072
    Retail
    $50,650,820

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.3742
Longitude
-83.3749
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
$139,773
-
-
$2,408,500
-
-
-
$4,817,000

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