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    OFF-MARKET
    Commercial land

    550 7th Mile Rd, Northville, MI 48167-1640

    2.55 ac lot Built 1965
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1736442
    Property summary
    AI-generated overview

    This exceptional 2.26-acre commercial land parcel presents a unique investment opportunity in the thriving city of Northville, Michigan. Located at 550 Seven Mile Road, this property boasts a highly desirable General Commercial District (GCD) zoning designation, offering a wide range of development possibilities. The asking price is $2,250,000, translating to approximately $995,575.22 per acre. Its strategic location near the intersection of Seven Mile Road and S. Main Street ensures high visibility and accessibility. The site benefits from its proximity to downtown Northville, providing easy access to a vibrant community and established infrastructure. Furthermore, its adjacency to Hines Drive enhances its connectivity and appeal. This property's history as the former McDonald Ford site adds to its unique character and potential. The parcel's APN is 48-004-02-0112-301. This is an outstanding opportunity to acquire a significant commercial land holding in a prime Northville location, ideal for a variety of commercial ventures. The property's size and zoning make it suitable for a wide range of development projects, capitalizing on the area's strong economic growth and desirable location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1965
    Lot 2.55 ac (111,078 SF)
    Zoning code GCD
    APN 48 004 02 0112 301
    UPID US43-1736442
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Charter Township Of Northville · 1 yrs held
    Charter Township Of Northville
    since 2025
    4 recorded transactions
    2025
    2018
    2012
    2010
    Zoning & alternative use
    GCD · Northville, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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