www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34440072
34440071

SEQ North Territorial Rd & US-23, Northfield Township, MI 45771 For Sale

RT
MI MI 6502106098, MI 6502357234 (+1)
Insite Commercial
Listed by Insite Commercial
$9,850,000
1 day on market
Updated 1 day ago

SEQ North Territorial & US-23

Details
APN B-02-20-400-003
Property Type Multifamily, Land
Sub Type Commercial
Units 328
Acreage 65.460
Zoning General Commercial

SEQ North Territorial Rd & US-23, Northfield Township, MI 45771

Marketing description

65 Acres of vacant land for sale in Northfield Township, located off of N. Territorial, just east of US-23, with over 1,100' of frontage along US-23. The property is site plan approved for 328 apartments with a 7,000 SF amenity center, and 8,000 SF of freestanding multi-tenant retail space. There are 4+ miles of trails and pedestrian circulation proposed throughout the site, including a +/-20 acre nature preserve with walking trails in the southern portion of the property.

The site plan is approved through May 2027. Electric, gas and sanitary sewer are all at N. Territorial Road, and a type 1 community well will be required for the project (a 600 GPM system has been approved with EGLE, and the first of two 12" production wells installed, tested and approved). The site contains 2 regulated wetlands, of which both are avoided in the approved site design with no required wetland impacts.

This site is located approximately 10 minutes from downtown Ann Arbor and the University of Michigan Hospital. Meijer owns the adjacent 40 acre site that runs along US-23, and is planning a Meijer Supercenter here. The 100 acres across N. Territorial is zoned Planned Shopping Center.

Investment highlights

  • Population: 28,1523 People
  • Average HH Income: $171,837
  • Households: 11,390 Homes
  • Traffic Counts: 75,253 VPD on US-23 and 8,124 VPD on N. Territorial Road

Listing Contacts

RT
MI MI 6502106098, MI 6502357234 (+1)
Insite Commercial
Listed by Insite Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Randy Thomas
License
MI 6502106098
Brokerage
Insite Commercial
Title
Real Estate Broker
Brokerage Address
1111 West Oakley Park Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591