18803 Traditions Dr, Livonia, MI 48167
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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