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Property profile

41074 7 Mile Rd Northville, MI 48167

FOR LEASE
Office buildings
Property ID
US43-1155070
6,236 SF 0.81 ac lot Built 1984
Last sale Dec 2002 · $165,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A former chiropractic office suite containing approximately 2,300 square feet (Suite A) within a small office complex. The interior layout includes a large open reception area and a sizable lobby, four private exam rooms, an X-ray room, and two additional private offices, along with a records room and a storage room. The suite has two bathrooms and is served by two private entrances—one providing direct access to a private office—and one public entry. Positioned as an end unit, the space is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$612k
Effective rate3.33%

Value estimate

· Oct 2026
$955k
$860k – $1.05M
Submarket $/SF estimate$954k
NOI build-up
Gross scheduled income$14k
Vacancy & credit loss−$3k
Operating expenses−$3k
NOI · 143.96% cap applied$8k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
County average, outlier-cleaned · 473 recorded sales of this use type
Observed band · Q1–Q3$47 – $153
Qualifying comparables16

Cap rate analysis

How does the asset earn?
143.96%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon16.7
Nail Salon14.0
Pharmacy13.5

Location

41074 7 Mile Rd Northville, MI 48167
County assessor Recorded deeds · 3 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21680 Haggerty, Northville, MI 48167-8994 $5,118,750 Feb 2025 91,774 SF
315 Ctr, Northville, MI 48167-1277 $675,000 Apr 2023 2,522 SF
115 Dunlap, Northville, MI 48167-1612 $525,000 Aug 2022 1,750 SF
19265 Gerald, Northville, MI 48167-2520 $170,000 Jun 2019 586 SF
332 Main, Northville, MI 48167-1624 $888,000 May 2019 3,988 SF
311 Cady, Northville, MI 48167-1802 $1,500,000 Dec 2018 4,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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