0 7 Mile Rd South Lyon, MI 48178
This exceptional 15.9-acre parcel presents a unique investment opportunity in South Lyon, Michigan. Located at the bustling intersection of 7 Mile Road and Pontiac Trail in Washtenaw County, this property boasts a prime corner location with significant traffic volume, increasing annually. The sale includes two parcel ID numbers: A00107100016 and A00107100013, encompassing the entire northwest corner of the intersection. A recently completed roundabout enhances visibility and accessibility. The property benefits from a new garden center directly across the street. Zoning is mixed commercial/residential, offering flexibility for various development scenarios. A portion of the land is zoned residential, potentially allowing for subdivision (contact Salem Township for specific requirements). Another portion is zoned for local commercial use; detailed information regarding permitted uses under Article 20 is available in the provided documentation. Flood certification information from FEMA maps is also included in the provided documents. This property is ideal for immediate development or long-term investment, capitalizing on the consistent growth in traffic counts. The asking price is $1,199,999. The zip code is 48178.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.