27480 5 Mile Rd Livonia, MI 48154
Estimated payment $1,761/month
About This Lot
Prime Development Opportunity – 1.6 Acres of Vacant Land in Livonia!
Zoned for Multi-Family Use | Ideal Location | Development Potential
Seize 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 Road
Surrounded by established neighborhoods and key amenities. All information is approximate and should be independently verified by buyers and their agents. BATVAI.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,258
Lot Details
- 1.58 Acre Lot
- Lot Dimensions are 175 x 400
- Property is zoned Multi-Family
Listing and Financial Details
- Assessor Parcel Number 46052990073001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,258 | $87,300 | $0 | $0 |
| 2024 | $1,258 | $83,000 | $0 | $0 |
| 2023 | $1,196 | $65,800 | $0 | $0 |
| 2022 | $2,549 | $40,500 | $0 | $0 |
| 2021 | $2,900 | $35,400 | $0 | $0 |
| 2020 | $2,017 | $34,400 | $0 | $0 |
| 2019 | $1,782 | $30,400 | $0 | $0 |
| 2018 | $927 | $30,400 | $0 | $0 |
| 2017 | $3,052 | $53,700 | $0 | $0 |
| 2016 | $3,855 | $53,700 | $0 | $0 |
| 2015 | $5,500 | $55,000 | $0 | $0 |
| 2012 | -- | $55,000 | $55,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | For Sale | $299,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $160,000 | None Listed On Document | |
| Warranty Deed | $40,000 | Michigan Title Ins Agency In | |
| Warranty Deed | $80,000 | Alpha Title Agency Inc | |
| Interfamily Deed Transfer | -- | -- |
Source: Realcomp
MLS Number: 20250025023
APN: 46-052-99-0073-001
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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