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Property profile & analytics
OFF-MARKET
Land

9343 5 Mile Rd Northville, MI 48168

160.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 160.5-acre property in Northville, Michigan, presents a unique investment opportunity. Located in Washtenaw County, at 9343 Five Mile Rd, zip code 48168, this expansive land parcel boasts a diverse range of features. Currently zoned for both residential and agricultural use, it offers considerable flexibility for future development. The property includes a substantial amount of wooded land, two ponds, and is known for excellent hunting. Situated approximately 1.5 miles from a newly paved road, accessibility is relatively convenient. Existing structures, including a house and barn, are present on the property and could be developed further, subject to minimum 2-acre lot requirements for homesites. The sheer size of the land, over 7 million square feet, makes it an attractive proposition for long-term investment. The property's inherent value lies primarily in its land itself, with potential for future development. Preliminary assessments suggest the possibility of sand and gravel deposits on the site. A roughly 3-acre kettle pond is centrally located within the parcel. This is a rare opportunity to acquire a significant landholding in a desirable Michigan location. The property is privately owned and is being offered at $3,399,900.

Property profile
Verified
Property type Land
Lot 160.5 ac (6,991,380 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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