40820 W 7 Mile Rd, Northville, MI 48167
For Sale
1 / 10
This exceptional 12,000-square-foot Class A medical office and storefront complex, located at 40820 W Seven Mile Rd in Northville, Michigan, presents a compelling investment opportunity. Built in 2023, this single-story building boasts a contemporary design and offers four units, currently 77% occupied, with one remaining 2,810-square-foot suite available for lease. The property features a flexible layout adaptable to various business needs, making it ideal for medical practices, retail businesses, or a combination thereof. Situated on a 1.68-acre lot, the building benefits from high visibility and a prime location near mixed-use developments and major retailers in Wayne County, Michigan. The OS zoning allows for diverse usage options. The asking price is $5,000,000, with a price per square foot of $1. The property's modern appeal, versatile leasing opportunities, and strategic location offer significant potential for maximizing rental income. Neighboring tenants include Athletico Physical Therapy and Maybury Dental, further enhancing the property's desirability. This is a rare opportunity to acquire a newly constructed, multi-tenant property in a thriving Northville market. The zip code is 48167.
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Athletico Physical Therapy - Northville Physician
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Maybury Dental Spa Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OS · Northville, MINorthville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.