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    OFF-MARKET
    Land

    18803 Traditions Dr, Livonia, MI 48167

    1.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.12-acre commercial land parcel presents a unique investment opportunity in the thriving Northville Park Place development. Strategically located at the northwest corner of 7 Mile and Haggerty Roads in Livonia, Michigan (zip code 48167), this outlot benefits from unparalleled visibility and accessibility. The property's address is 18803 Traditions Dr, within Wayne County. Its proximity to major roadways ensures high traffic volume and convenient access for potential businesses. The site is directly adjacent to Schoolcraft College, a significant draw with an enrollment of approximately 11,000 students annually, creating a substantial customer base. Furthermore, the area boasts a strong retail presence, including established businesses such as Trader Joe's, Chipotle, Jimmy John's, AT&T, and MOD Pizza, among many others. This vibrant commercial environment offers significant synergy and potential for growth. The property's location also provides easy access to Northville's charming downtown area, known for its boutique shops, cafes, and restaurants, as well as numerous parks and recreational areas. The asking price for this exceptional property is $1,600,000. The above-average population growth in the surrounding area further enhances the long-term investment potential of this prime commercial land. This is an ideal opportunity for developers and investors seeking a high-impact location with strong demographics and established infrastructure.

    Property profile
    Verified
    Property type Land
    Lot 1.12 ac (48,787 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
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