550 7 Mile RdNorthville, MI 48167

  • Commercial land
  • 2.55 AC
For Sale
$2,250,000 View listing

Property Details for 550 7 Mile Rd

Year built
1965
Lot size
2.55 AC
Zone code
GCD
Property type
Commercial land
APN
48 004 02 0112 301
APU
48004020112301

Description

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.

Location Insight

City
Northville
County
Wayne
State
Michigan
Latitude
42.4252
Longitude
-83.4758
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
$8,743
-
-
$142,400
-
-
-
$284,800

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