41000 7 Mile RdNorthville, MI 48167

Property Details for 41000 7 Mile Rd

Year built

1984

Lot size

0.84 AC

Property size (Sq ft)

27,052 SF

Zone code

OS

Property type

Office buildings

APN

77 003 01 0051 000

APU

77003010051000

Description

This exceptional 26,000 square foot executive office building, located at 41000 W 7 Mile Road in Northville, Michigan, presents a rare opportunity. Constructed in 1984 and extensively renovated in 2005, the property boasts a modern and efficient layout ideal for multiple tenants. The building sits on a sizable 0.84-acre lot and offers ample parking with 120 spaces available for tenants and guests. Currently, the building is fully occupied, reflecting its high demand and desirable location. The property is zoned OS and features two APNs: 77-003-01-0051-000 and 77-003-01-0052-000, spanning across Oakland and Wayne counties. Its strategic location in Northville, Michigan, zip code 48167, provides easy access to major transportation routes and amenities. This turnkey investment is perfect for those seeking a stable, high-performing asset in a thriving market. The property's modern design and substantial parking make it an attractive option for a variety of businesses. Interested parties should inquire for further details regarding this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,630,976

  6.5%

  $4,274,747

  7%

  $3,969,408

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,530,444

  Geo Method

  $2,530,444

• Alternative Use

  Use

  Valuation

  Residential

  $5,300,686

  Hospitality

  $4,855,400

  Educational

  $4,039,636

  Medical

  $4,178,566

  Retail

  $6,283,878

Location Insight

City

Northville

County

Wayne

State

Michigan

Latitude

42.4245

Longitude

-83.4498

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].