5 Mile And Rdg, Township of Northville, MI 48170
This expansive 700,000-square-foot warehouse, located at the intersection of 5 Mile and Ridge Roads in Plymouth, Michigan (zip code 48170), presents a significant industrial investment opportunity. Situated on a 52.7-acre lot, the property boasts a General Industrial (IND) zoning designation, providing flexibility for a variety of uses, including distribution, manufacturing, or research and development. The warehouse features a substantial 36-foot ceiling height, and ample parking is provided with 140 spaces. The property (APN 78-001-99-0001-704) benefits from its location within the Michigan International Technology Center Corridor (MITC), a collaborative initiative of local, county, and state entities. This prime location offers proximity to numerous Fortune 500 and Tier-1 automotive companies, fostering a strong business environment. Furthermore, the property enjoys convenient access to hotels, restaurants, and shopping amenities. Significant infrastructure advantages include the presence of a 60 MW DTE Nitro substation with expansion potential to 120 MW, and 10 MW of heavy power is immediately available. A planned road improvement project on the 5 Mile Road corridor will further enhance accessibility and logistics. This exceptional property offers a unique combination of size, location, and infrastructure, making it an attractive proposition for discerning investors.
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
Physical attributes from public recordsZoning & alternative use
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.