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    46755 Five Mile Rd Plymouth, MI 48170

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    For Sale
    $1,950,000

    Rare industrial parcel in Plymouth Township, near Northville markets.

    Lot size:
    5.06 Acres

    Property Features for 46755 Five Mile Rd

    General Information

    Lot size
    5.06 Acres

    Source: Van Esley Real Estate Inc Agent Christy Van Esley

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

    Overview

    Plymouth Township Industrial Land Parcel

    This industrial parcel is located in Plymouth Township, serving both Plymouth and Northville markets. The current zoning is IND (Industrial), which allows for self-storage. The property is master planned for light industrial use. Potential uses include a Planned Unit Development (PUD), which could allow for a hotel, self-storage with special land use permitted for outdoor/outside storage, and childcare facilities. The Plymouth Township IND Zoning Ordinance (Article XV) provides further zoning information. Water and sewer are available along 5 Mile Road. The location benefits from high traffic volume, with a combined 65,260 vehicles per day (VPD) at the intersection of Five Mile Road and Beck Road. It is conveniently located, being a 2-minute drive to M-14. The surrounding area has upscale demographics, with an average household income of $224,318 within a 1-mile radius and a population of 125,196 within a 5-mile radius.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth
    County
    Wayne
    State
    Michigan
    Longitude
    -83.5039202
    Latitude
    42.3937053

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    FAQs

    What type of property is this?
    Land - Rare industrial parcel in Plymouth Township, near Northville markets.
    Where is this land located?
    The property is located at 46755 Five Mile Rd Plymouth, MI.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Rare industrial parcel in the Plymouth/Northville market.; - High traffic counts: 65,260 VPD combined at intersection.; - Upscale demographics: Average household income (1 mile) $224,318.
    (734) 459-7570
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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
    46755 Five Mile Rd Plymouth, MI 48170
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