Property summary
This exceptional Northville/Novi commercial property presents a unique investment opportunity. The property encompasses three buildings totaling approximately 19,500 square feet on a 2.45-acre lot, strategically positioned within a thriving community boasting over 5,000 residences within a two-mile radius. Two buildings offer substantial warehouse space complemented by office areas, perfectly suited for industrial or storage operations. A third building, configured for retail use, includes additional office and storage space, providing versatility for a range of business types. Significant recent upgrades include roof replacements within the last three years, with no roof older than thirteen years, ensuring long-term durability and minimizing future maintenance costs. An environmental assessment completed in 2021 confirms the property's environmental cleanliness. A tenant currently occupies the property under a lease expiring in December, providing immediate rental income potential or future occupancy after lease termination. The property comprises three parcels (21141, 21099, and 21043 Brickscape Drive) and includes property IDs 2234477001, 2234477002, and 2234477003. On-site tours are available by appointment only.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Performance Regulated Industrial District 1 describes a light industrial and manufacturing zoning district in which manufacturing and related operations have few if any adverse impacts on adjoining properties
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PR-1 · Northville, MIThe Performance Regulated Industrial District 1 describes a light industrial and manufacturing zoning district in which manufacturing and related operations have few if any adverse impacts on adjoining properties
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Performance Regulated Industrial District 1 describes a light industrial and manufacturing zoning district in which manufacturing and related operations have few if any adverse impacts on adjoining properties
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PR-1 in Northville, MI.
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