27480 5 Mile Road, Livonia, Michigan

$299,900

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1.58

Acres

About 27480 5 Mile Road

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 of 27480 5 Mile Road

MLS® # 60385924
Price $299,900
Acres 1.58
Type Land
Sub-Type Vacant Land / Dockominium
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 27480 5 Mile Road
Area Livonia
City Livonia
County Wayne
State Michigan
Zip Code 48154 3904

Amenities

Is Waterfront No

School Information

District Livonia Public Schools

Additional Information

Zoning Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEXP Realty Main

Listing Map

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