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Property profile & analytics

40820 7 Mile Rd Northville, MI 48167

  • Commercial land
  • 1.64 lot acres
Value Estimation
Last Sale
Aug 01, 2022
$205,000
Location Intelligence
Property ID
US43-0001142
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Athletico Physical Therapy - Northville / Physical Therapist / Physical Therapy Clinic
  • Maybury Dental Spa / Dentist / Cosmetic Dentist

Property Details for 40820 7 Mile Rd

Lot size
1.64 lot acres
Zone code
OS
Property type
Commercial land
APN
77 003 01 0082 300
APU
77003010082300

Description

This exceptional 12,000-square-foot Class A medical office and storefront complex, located at 40820 W Seven Mile Rd in Northville, Michigan, presents a compelling investment opportunity. Built in 2023, this single-story building boasts a contemporary design and offers four units, currently 77% occupied, with one remaining 2,810-square-foot suite available for lease. The property features a flexible layout adaptable to various business needs, making it ideal for medical practices, retail businesses, or a combination thereof. Situated on a 1.68-acre lot, the building benefits from high visibility and a prime location near mixed-use developments and major retailers in Wayne County, Michigan. The OS zoning allows for diverse usage options. The asking price is $5,000,000, with a price per square foot of $1. The property's modern appeal, versatile leasing opportunities, and strategic location offer significant potential for maximizing rental income. Neighboring tenants include Athletico Physical Therapy and Maybury Dental, further enhancing the property's desirability. This is a rare opportunity to acquire a newly constructed, multi-tenant property in a thriving Northville market. The zip code is 48167.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Northville
County
Wayne
State
Michigan
Longitude
-83.4489
Latitude
42.424
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,087
$0.00
$0.00
$771,900
-
$0.00
$0.00
$1,543,800
More about this property
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