27480 5 MILE Road, Livonia, MI 48154
27480 5 MILE Road, Livonia, MI 48154
27480 5 MILE Road, Livonia, MI 48154
27480 5 MILE Road, Livonia, MI 48154
27480 5 MILE Road, Livonia, MI 48154
27480 5 MILE Road, Livonia, MI 48154
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$ 299,900
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1.58 Acres Lot


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$ 299,900
Est. payment | /mo
Save

1.58 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Municipality Livonia City

Subdivision Livonia City

MLS Listing ID 20250025023

Annual Tax Amount $1,258

Lot Size 1.580 Acres

Acres 1.58

Lot Dimensions 175 x 400

Source Realcomp

Property Description

Prime Development Opportunity – 1.6 Acres of Vacant Land in Livonia!Zoned for Multi-Family Use | Ideal Location | Development PotentialSeize this rare opportunity to develop in one of Livonia's most desirable neighborhoods. Located just off Five Mile Road, this expansive 1.6-acre parcel of vacant land is perfectly suited for a variety of development opportunities.The property is zoned for multi-family residential use, making it an excellent site for condominiums, townhomes, or apartment units. A 16-unit condo project has been proposed in the past, showcasing the site's potential for a high-density residential development.In addition to residential options, the current zoning also allows for alternative business ventures, offering flexibility depending on your vision. Its prime location provides convenient access to major roads, shopping centers, schools, and community amenities—making it an attractive option for developers and investors alike. Excellent Livonia location near Five Mile RoadSurrounded by established neighborhoods and key amenities. All information is approximate and should be independently verified by buyers and their agents. BATVAI.

Location

State MI

County Wayne

Zoning Multi-Family

Direction Make a left onto five mile from Inkster Rd. and the plot of land is on the right hand side after a few hundred yards. N of Five Mile & W of Inkster.

Exterior

View Y/N No

Schools

School District Livonia

Others

Tax ID 46052990073001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by EXP Realty Main

NEARBY SCHOOLS & PROPERTIES

Richard Stewart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

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27480 5 MILE Road

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