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    43230 7 Mile Rd Northville, MI 48167

    For Lease
    $5,900 /Mo ($78 SF/Yr)

    One acre of land with an updated 897 SF building.

    Property size:
    897 SF
    Lot size:
    0.98 Acres

    Property Features for 43230 7 Mile Rd

    General Information

    Size
    897 SF
    Lot size
    0.98 Acres

    Source: Thomas A. Duke Company Agent Steven R. Valli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Northville Acre with Updated Building

    This property features one acre of land improved with an 897 square foot building. The site is zoned for outside storage and benefits from high traffic counts. The property is located on the north side of 7 Mile Road, just east of Northville Road in Northville Township, Michigan. The surrounding corridor is rapidly developing.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Northville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4707117
    Latitude
    42.4246936

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    FAQs

    What type of property is this?
    Commercial land - One acre of land with an updated 897 SF building.
    Where is this commercial land located?
    The property is located at 43230 7 Mile Rd Northville, MI.
    What is the lease rate?
    The lease rate is $78 SF/Yr.
    What are key features of this property?
    This property features: - One acre of land zoned for outside storage.; - Updated 897 SF building on the property.; - High traffic location on 7 Mile Road.
    (248) 476-3700
    Request Owner's contact information
    43230 7 Mile Rd Northville, MI 48167
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    Northville, MI 48167
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    43230 7 Mile Rd Northville, MI 48167
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