16455 Northville Rd Northville, MI 48168
This exceptional 2.35-acre commercial land parcel presents a compelling investment opportunity in the thriving Northville, Michigan market. Located at 16455 Northville Road, this property boasts an I-1 Industrial zoning designation, offering a wide range of potential development options. The site's strategic location provides excellent visibility and accessibility, situated between Novi and Plymouth, two highly desirable communities. Northville itself is known for its vibrant atmosphere, safety, and attractive residential population. The property benefits from a dense residential population exceeding 170,000 within a 5-mile radius, with average household incomes exceeding $130,000 within 1, 3, and 5-mile radii. Its proximity to major transportation arteries further enhances its appeal. Less than 3 miles west of the I-275 and Six Mile Road interchange, and just over a mile from Downtown Northville, this location offers unparalleled convenience and connectivity. The property's APN is 0277054010045004. With its prime location, desirable zoning, and strong demographics, this land parcel represents a rare opportunity for significant return on investment. The asking price is $899,000. Don't miss this chance to acquire a piece of this thriving Michigan community.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.