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Vacant Land For Sale
Northville 7 Mile Multi-Family
42261 7 Mile Road, Northville, MI 48167
Property Details
Zoning
PUD
Parcel ID
77-041-99-0002-004
Price
$2,600,000
Description
A 55 unit site planned approved apartment development on 7 Mile Road just outside of downtown Northville.
Location
Located on the south side of 7 Mile Road, east of Main Street.
Highlights
- Site plan approved 55 unit 4 story apartment complex.
- Located just outside of downtown Northville in a dense residential corridor with very strong household income levels.
- Located in close proximity to many major employers via the Haggerty Road corridor.
- Site will be turned over fully developed and pad ready.
- Part of a larger PUD featuring 70 Residential Townhomes and 13,800 sq.ft. of Multi-Tenant Retail.
Location
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Demographics
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| 1-Mile Radius | 3-Mile Radius | 5-Mile Radius | |
|---|---|---|---|
| Total Population | 6,703 | 64,031 | 173,983 |
| Total Households | 3,702 | 27,325 | 72,358 |
| Persons / Household | 1.81 | 2.34 | 2.39 |
| Avg. Household Income | $130,525 | $170,476 | $153,623 |
| Per-Capita Income | $72,490 | $74,027 | $64,921 |
| Avg. Home Value | $340,577 | $483,666 | $445,057 |
| Median Age | 46.6 | 46.6 | 44.9 |
Source: US Census Bureau ACS 2024 5-Year Estimates.
Listing Brokers
