Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Northville Warehouse with Gravel Yard Title is generated by Realmo AI

    7586 Chubb Road, Northville, MI 48168

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,500,000

    4,000 SF office, three overhead doors, 10-acre gravel yard.

    Type:Industrial
    Property size:
    10,000 SF
    Lot size:
    10.00 Acres
    Price / SF:
    $150/SF
    Added:
    Mar 25, 2026
    Days on Market:
    58
    Last Refresh:
    Mar 18 at 8:06 am

    Property Features for 7586 Chubb Road

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    10.00 Acres
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Joseph Hauska
    Joseph Hauska

    Listing agent Joseph Hauska

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Joseph Hauska

    HighLights

    • 10 Acres all gravel
    • 4,000 SF Office
    • Three (3) overhead doors for easy access
    • Outside storage

    Overview

    This commercial real estate offering includes a warehouse and industrial property featuring a 4,000-square-foot office space. The property is equipped with three overhead doors. It also features a 10-acre lot surfaced with gravel, suitable for outside storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R & R Heavy ... Trucking Company Rotondo Brothers Concrete ... Construction Company Verità Telecommunications Corporation ... Telecommunications Service Michigan Aerial Car Dealership

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Storage Facility HVAC Service Garden Center Veterinary Clinic Home Appliance Store

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

    Similar Places Nearby

    • Plymouth Salem Storage — 10050 Marilyn St, Northville, MI 48168
    • Prestige Storage - Northville — 10124 Six Mile Rd, Northville, MI 48168

    Location Insight

    • Map
    • Local Demand
    City
    Northville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.5669884
    Latitude
    42.3967235

    Nearby Similar for Sale

    • $525,000
      4,500 SF

      Historic Mixed-Use Building For Sale

      Historic mixed-use building with retail and residential income potential.
      9607 6 Mile Road, Northville, MI 48168
      View Details
    • $350,000
      1,886 SF

      Northville Office Development Opportunity

      Prime location for professional office in Bushwood Golf Course community.
      39467 DUN ROVIN Drive, Northville, MI 48168
      View Details
    • $1,560,000

      Northville Commercial Property for Sale

      Commercial property available in Northville, Michigan.
      41600 Six Mile Road, Northville, MI 48168
      View Details
    • $11,282,000
      73,335 SF

      Northville Warehouse Property For Sale

      73,335 SF warehouse/industrial property available in Northville, Michigan.
      15800 Centennial Drive, Northville, MI, 48168
      View Details
    • $1,699,000
      4,826 SF

      Downtown Northville Office Building

      4,826 SF office building with parking in downtown Northville.
      332 E Main St, Northville, MI 48167
      View Details
    • Contact for pricing

      Traditions Drive Commercial Property

      Commercial property available for sale on Traditions Drive.
      18771 Traditions Drive | Northville, MI 48167
      View Details
    • Contact for pricing
      18,000 SF

      Industrial Property on Centennial Drive

      Industrial property available for sale on Centennial Drive.
      15489 Centennial Dr, Northville, MI
      View Details
    • $4,800,000
      12,000 SF

      New Northville Multi-Tenant Building

      Newly constructed retail/office/medical building in affluent Northville, Michigan.
      40820 W Seven Mile Rd, Northville, MI 48167
      View Details
    • $2,395,000
      2,500 SF

      Industrial Property Near Salem Landfill

      Industrial building near Salem landfill with expansion potential.
      10110 Six Mile Rd, Northville, MI 48168
      View Details
    • $2,161,500
      24,000 SF

      Northville Office Building For Sale

      Office building with 24,000 square feet available for sale.
      41600 Six Mile Rd, Northville, MI 48168
      View Details

    FAQs

    What type of property is this?
    Warehouse - 4,000 SF office, three overhead doors, 10-acre gravel yard.
    Where is this warehouse located?
    The property is located at 7586 Chubb Road Northville, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 10 Acres all gravel; 4,000 SF Office; Three (3) overhead doors for easy access
    (248) 936-6813
    We can help!
    Listing Contact
    Joseph Hauska
    Joseph Hauska
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7586 Chubb Road, Northville, MI, 48168
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!