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Property profile & analytics
OFF-MARKET Estimated value $2,085,000
Strip malls

16855 Haggerty Rd Northville, MI 48168-3903

19,294 SF 2.82 ac lot Built 1995
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1610213
Property summary
AI-generated overview

Arbor Place Plaza, a multi-tenant commercial building in Wayne County, offers a prime medical office space for lease. This 1,600 square foot unit is part of a larger 15,062 square foot building constructed in 1995. The property boasts excellent visibility and accessibility, situated near the intersection of Six Mile and Haggerty Roads with pylon signage opportunities. The building enjoys a strong retail synergy, sharing the plaza with established businesses such as CVS Pharmacy, Bank of America, Kroger, Home Depot, Costco, Kohls, and Target. This location benefits from a high density of residential and daytime population within its immediate trade area. The building provides ample parking with 71 spaces available. The space is easily adaptable, allowing for customization to meet specific tenant requirements; expansion or division of the space is possible. The property's proximity to Laurel Park Place, Schoolcraft Community College, and the University of Michigan's Northville Health Center further enhances its appeal and accessibility. This is an exceptional opportunity for a medical practice seeking a well-located, established space within a thriving commercial center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1995
Total area 19,294 SF
Lot 2.82 ac (122,839 SF)
Zoning code B-3
APN 77 049 01 0001 311
UPID US43-1610213
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
  • CVS Photo (Bike/Boat/Book/etc) Store
  • CVS Pharmacy
  • Citizens ATM Atm
  • CVS Pharmacy Pharmacy
  • CDReload - Online Bitcoin ATM Atm Money Transfer Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$2.09M
Owner & transaction history
Affinity Two Investments LLC · 11 yrs held
Affinity Two Investments LLC
since 2015
7 recorded transactions
2025
Price N/A
2017
Price N/A
2015
$4.0M
2015
Price N/A
2015
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
B-3 · Northville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.1M +38.0%
Restaurant $2.0M +30.1%
Office building $1.9M +22.1%
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