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    FOR SALE
    Industrial properties

    10110 6 Mile Rd, Northville, MI 48168

    5.78 ac lot
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US43-1132945
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 10110 Six Mile Rd, Northville, MI 48168, in Washtenaw County, presents a compelling investment opportunity. Priced at $3,500,000, this versatile building offers a blend of distribution, manufacturing, and warehouse space, making it suitable for a variety of businesses. The property boasts multiple overhead doors for efficient loading and unloading, and features a well-maintained mechanical system, roof, and parking lot. The building includes approximately 2,500 square feet of second-floor office and meeting space, providing ample room for administrative functions. The climate control system includes force air and radiant heat, with air conditioning in the office area. Its strategic location offers proximity to downtown Salem and the GFL landfill, a significant advantage for certain industries. Furthermore, the property benefits from its location within a rapidly developing area, poised for substantial growth with planned residential, retail, and research developments, including a potential convention center. The expansion of Plymouth and Northville, coupled with planned utility upgrades, is expected to bring significant future value to this already well-positioned asset. The land and building's value is further enhanced by its proximity to the landfill. This property represents a rare opportunity to acquire a high-quality industrial building in a prime location with significant growth potential.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 5.78 ac (251,777 SF)
    APN A -01-13-200-015
    UPID US43-1132945
    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
    Current use
    Occupant on record · Public records
    • Gardner-Westcott Co Professional Services
    • American Chrome Shovel Co (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Gardner-westcott Co · 13 yrs held
    Gardner-westcott Co
    since 2013
    3 recorded transactions
    2013
    $1.0M
    2004
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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