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    40820 W 7 Mile Rd Northville, MI 48167
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    Property profile & analytics

    40820 W 7 Mile Rd Northville, MI 48167


    • Commercial land
    • 1.64 lot acres
    New Northville Multi-Tenant Building For Sale
    $4,800,000
    12,000 SF

    New Northville Multi-Tenant Building

    Newly constructed retail/office/medical building in affluent Northville, Michigan.

    40820 W Seven Mile Rd, Northville, MI 48167
    View Listing
    Property ID
    US43-0001142
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Athletico Physical Therapy - Northville / Physician
    • Maybury Dental Spa / Dental Office

    Property Details for 40820 W 7 Mile Rd

    Lot size
    1.64 lot acres
    Zone code
    OS
    Property type
    Commercial land
    APN
    77 003 01 0082 300
    APU
    77003010082300

    Description

    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.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Northville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4489
    Latitude
    42.424
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,087
    $0.00
    $0.00
    $771,900
    -
    $0.00
    $0.00
    $1,543,800
    View Listing
    More about this property
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