Property profile

39467 Dun Rovin Dr Northville, MI 48168

OFF-MARKET
Warehouses
Property ID
US43-4239773
1,886 SF 0.59 ac lot Built 1992
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,886 square foot industrial property, situated on a 0.59-acre lot in the exclusive Bushwood Golf Course community of Northville, MI, presents a remarkable investment opportunity. Currently configured as a maintenance building, the property boasts a prime location within a thriving residential area comprising 543 homes, ensuring high visibility and significant foot traffic. Zoned for a dental clinic, the property's versatile zoning allows for a wide range of professional office uses. The existing structure is approved for demolition, paving the way for a new build, as previously envisioned by the current owner for a single-story dental office. This presents a unique chance to develop a state-of-the-art facility tailored to your specific business needs. The affluent neighborhood and strategic location within the Bushwood Golf Course community guarantee a high-profile presence and strong potential for client acquisition. The property's 1,886 square feet offers ample space for development, while the 0.59-acre lot provides ample room for expansion or additional amenities. This is an unparalleled opportunity to establish a thriving business in a highly desirable and accessible location. The asking price is $565,000. Don't miss this chance to secure a prime piece of Northville real estate.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1992
Total area 1,886 SF
Lot 0.59 ac (25,700 SF)
Zoning code R-3
APN 77 049 99 0001 718
UPID US43-4239773

Cap rate & NOI

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

Location

39467 Dun Rovin Dr Northville, MI 48168-4316
Northville metro Census 560400 DETROIT-WARREN-LIVONIA, 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
$275k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

R-3 · Northville, MI
Zoning description

The R-3 District is designed to provide for a multiple-housing environment with townhouses and garden apartments constituting the principal type of dwelling accommodations

General category RESIDENTIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 39467 Dun Rovin Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message