Property profile

49875 8th Mile Rd Northville, MI 48167

OFF-MARKET
Day care centers
Property ID
US43-1644307
5,386 SF 0.5 ac lot Built 1886
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1886
Total area 5,386 SF
Lot 0.5 ac (21,780 SF)
Zoning code R-2
APN 77 021 99 0002 000
UPID US43-1644307

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Daycare Center

Location

49875 8th Mile Rd Northville, MI 48167-9204
Northville metro Census 561200 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
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Comparable Approach Comparable
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Blend (final) Blend
$450k

Owner & transaction history

since 2019
4 recorded transactions
2019
$425,000
2016
Price N/A
2016
$585,000
2005
Price N/A

Zoning & alternative use

R-2 · Northville, MI
Zoning description

The R-2 District is designed to provide for a one and two family residential environment with supporting ancillary uses

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
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