Property profile

10110 6 Mile Rd Northville, MI 48168

FOR SALE
Industrial properties
Property ID
US43-1132945
5.78 ac lot
Entity Owned 13-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Professional Services
  • (Bike/Boat/Book/etc) Store

Location

10110 6 Mile Rd Northville, MI 48168
Northville metro Census 464000 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.09M

Owner & transaction history

since 2013
3 recorded transactions
2013
$1.0M
2004
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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