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Lot/land
  • $299,900

    27480 Five Mile Rd, Livonia, MI 48154

    --beds
    --baths
    1.58Acres
    Land
    Built in ----
    1.58 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    436 days
    |
    94
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Zeinab Bazzi 313-641-0560,

    EXP Realty Main 888-501-7085

    Source: Realcomp II,MLS#: 20250025023MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No
      • Has fireplace: No

      Property

      Lot
      • Size: 1.58 Acres
      • Dimensions: 175 x 400
      Details
      • Parcel number: 46052990073001
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Livonia

      Financial & listing details

      • Tax assessed value: $83,000
      • Annual tax amount: $1,258
      • Date on market: 4/14/2025
      • Cumulative days on market: 436 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,365/mo

        Price history

        DateEventPrice
        4/14/2025Price change$299,900-9.1%
        Source: Realcomp II #20250025023 Report a problem
        5/17/2024Listed for sale$329,900+106.2%
        Source: Realcomp II #20240031511 Report a problem
        10/31/2023Sold$160,000-35.7%
        Source: Public Record Report a problem
        12/30/2020Listing removed--
        Source: Realcomp II Report a problem
        6/13/2020Listed for sale$249,000
        Source: The Signature Group Realty, LLC #2200024822 Report a problem
        4/9/2020Listing removed$249,000
        Source: The Signature Group Realty, LLC #2200024822 Report a problem
        4/1/2020Listed for sale$249,000
        Source: The Signature Group Realty, LLC #2200024822 Report a problem
        9/1/2018Listing removed$249,000
        Source: CENTURY 21 Curran & Oberski #218010490 Report a problem
        2/8/2018Listed for sale$249,000+322%
        Source: Century 21 Curran & Christie #218010490 Report a problem
        2/28/2017Listing removed$59,000
        Source: 3DX Real Estate LLC #216108915 Report a problem
        12/23/2016Listed for sale$59,000
        Source: 3DX Real Estate LLC #216108915 Report a problem
        12/23/2016Pending sale$59,000
        Source: 3DX Real Estate LLC #216108915 Report a problem
        11/10/2016Listed for sale$59,000-26.3%
        Source: 3DX Real Estate LLC #216108915 Report a problem
        10/19/2006Sold$80,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $83,000 +26.1%
        2024-- $65,800 +62.5%
        2023-- $40,500 +14.4%
        2022-- $35,400 +2.9%
        2021-- $34,400
        2020$1,801 +1%$34,400 +13.2%
        2019$1,784 $30,400
        2018$1,784 $30,400 -43.4%
        2017-- $53,700
        2016$3,384 $53,700 -2.4%
        2015$3,384 $55,000

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48154

        Getting around

        60 / 100
        Somewhat Walkable
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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