Property profile

21043 Brickscape Dr Northville, MI 48167

OFF-MARKET
Industrial properties
Property ID
US43-2706886
14,702 SF 1.43 ac lot Built 1977
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1977
Total area 14,702 SF
Lot 1.43 ac (62,291 SF)
Zoning code PR-1
APN 48-22-34-477-003
UPID US43-2706886

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21043 Brickscape Dr Northville, MI 48167-2527
Northville metro Census 137800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.12M
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$370k

Owner & transaction history

since 2025
Last sale
$1.5M
3 recorded transactions
2025
Price N/A
2025
$1.5M
1969
Price N/A

Zoning & alternative use

PR-1 · Northville, MI
Zoning description

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

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $1.8M +51.4%
Office building $1.7M +44.9%
Neighborhood: shopping center $1.4M +14.9%

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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