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    Novi, MI Automotive Properties for Sale

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    Wixom, MI South Lyon, MI Northville, MI
    Carvana Investment Property in Novi
    $9,173,000
    5,706 SF
    Carvana Investment Property in Novi

    26890 Adell Center Dr, Novi, MI

    Freestanding Carvana property in Novi, MI with long-term absolute NNN lease.
    • Absolute NNN lease offers a management‑free investment
    • Approximately 17 years remaining on the lease term, indicating long‑term stability
    • Carvana, LLC is the tenant, a nationally recognized company
    • Located in Novi, Michigan, within the Detroit MSA
    • Lease includes rent increases equal to the lesser of (i) 7.92337% or (ii) 1.25x CPI
    Updated: Apr 21, 2025
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    Freestanding Carvana Investment Property
    $9,173,000
    5,706 SF
    Freestanding Carvana Investment Property

    26890 Adell Center Dr, Novi, MI 48375

    NNN leased Carvana property in Novi, Michigan.
    • Absolute NNN lease with zero landlord responsibilities.
    • Long‑term Carvana lease with approximately 17 years remaining.
    • Lease includes rent increases equal to the lesser of 7.92337% or 1.25x CPI.
    • Strategic location off Interstate 96 (152,000 VPD).
    • Located adjacent to Twelve Oaks Mall, benefiting from strong tenant synergy.
    Updated: Nov 7, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Farmington Hills Commercial Real Estate
    $399,000
    5,667 SF
    Farmington Hills Commercial Real Estate

    Commercial real estate in high-traffic Farmington Hills area.

    30544 GRAND RIVER Avenue, Farmington Hills, MI 48336

    View details
    Established Custom Car Shop Business
    $249,000
    5,000 SF
    Established Custom Car Shop Business

    Full-service custom car shop with strong growth potential.

    32730 W 8 Mile Rd, Farmington, MI 48336

    View details
    Auto Body Shop with Living Quarters
    $1,500,000
    4,155 SF
    Auto Body Shop with Living Quarters

    Turnkey body shop with a new spray booth, upgraded utilities, and living quarters above for flexible owner or rental use.

    20785 Orchard Lake Road, Farmington, MI 48336

    View details
    Automotive Body Shop with Living Quarters
    $1,500,000
    Automotive Body Shop with Living Quarters

    Updated body shop with 2025 spray booth and living quarters above, suited for owner-operator or rental income.

    20785 Orchard Lake Road, Farmington Hills, MI 48336

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Corner Commercial Land Available
    $550,000
    0.60 Acres
    Prime Corner Commercial Land Available

    0.60-acre vacant lot on a hard corner in Canton.

    7125 N LILLEY Road, Canton Twp, MI 48187

    View details
    Corner Commercial Land Parcel
    $215,000
    1.16 Acres
    Corner Commercial Land Parcel

    1.16-acre corner site with highway frontage on Highland Road, offering zoning flexibility for multiple commercial uses.

    Highland Rd, White Lake, MI 48383

    View details
    Corner Commercial Land with High Road Frontage
    $215,000
    1.16 Acres
    Corner Commercial Land with High Road Frontage

    Commercial land parcel on a corner with substantial frontage on heavily traveled Highland Road.

    Highland Road, White Lake, MI 48383

    View details
    Corner Parcel on Michigan Avenue
    $659,000
    Corner Parcel on Michigan Avenue

    Corner parcel on heavily traveled Michigan Ave for sale.

    45109 Michigan Ave, Canton, MI 48184

    View details

    Novi, MI Automotive Properties Market Trends and Statistics

    Explore 2 automotive properties for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 11,412 square feet of properties for sale, with an estimated market value of $18,346,000.

    Sale prices for automotive businesses in Novi, MI start at $9,173,000, averaging $9,173,000, and reaching up to $9,173,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Car washes 1

    Demographics Overview

    Population 62K
    Population Growth (5Y) +11.9%
    Median Household Income $124,389
    College Educated 67.9%

    High-Yield Neighborhoods for Investment

    Identify Novi submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48375 $9.2M

    Taxes & Financing

    Tax Rate (average for all types) 4.06%
    Property Tax per SF $88.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Residential Income

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