20385 Middlebelt RdLivonia, MI 48152

  • Commercial land
  • 2,752 SF
For Sale
$350,000 View listing

Property Details for 20385 Middlebelt Rd

Year built
1968
Lot size
0.46 AC
Property size (Sq ft)
2,752 SF
Property type
Commercial land
APN
46 005 01 0008 001
APU
46005010008001

Description

This 0.69-acre commercial lot in Livonia, Michigan, is ideally situated on Middlebelt Road, boasting nearly 200 feet of frontage on this heavily trafficked thoroughfare. The property is zoned for multiple uses, offering significant development flexibility. Existing improvements include a paved parking lot, ready for immediate use or redevelopment. Further enhancing its appeal, the site already features sewer access and a monument sign, saving considerable time and expense during the construction phase. Located at 20385 Middlebelt Road, Livonia, MI 48152, this property presents a unique opportunity for investors and developers seeking a strategically located parcel in a thriving commercial area of Wayne County. The asking price is $350,000. The property's convenient access to major roadways and its existing infrastructure make it an exceptional investment prospect. Don't miss this chance to acquire a ready-to-build commercial lot in a high-demand location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $539,239
    Hospitality
    $493,940
    Educational
    $410,952
    Medical
    $425,085
    Retail
    $639,259

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.4395
Longitude
-83.337
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
$2,381
-
-
$43,200
-
-
-
$86,400

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