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27480 5 Mile Road

Livonia MI 48154

1.58 ac.
Land
Currently for sale - view listing

Overview

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.

Features

1.58 ac. lot size
Land

Property history for 27480 5 Mile Road

2020
Sold
$160,000
31 Dec 2020 by Khalil Hachem, of The Signature Group Realty

Happy sellers in Livonia

95%
95% of sellers in Livonia reported that their sale price either exceeded or met their price expectations.

Livonia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Livonia over the last 12 months.

Local market activity for land plots in Livonia

In the last 12 months, 3 land plots similar to 27480 5 Mile Road, have been sold.

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