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    Novi, MI Automotive Properties for Sale

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    Carvana Investment Property in Novi
    Updated: Apr 21, 2025
    Carvana Investment Property in Novi

    26890 Adell Center Dr, Novi, MI

    Contact for pricing
    5,706 sqft 1.30 AC lot
    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
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Used Car Sales Business Property
    Used Car Sales Business Property

    199 Plymouth Rd, Plymouth, MI 48170

    $600,000
    300 sqft

    Family-owned since 1969, this property includes the business name and signage on a busy road; inventory is sold separately.

    View details
    Auto Service Property and Business
    Auto Service Property and Business

    201 S Mill St, South Lyon, MI 48178

    Contact for pricing
    14,938 sqft

    For sale includes an established automotive business, the property, and additional lot rental income.

    View details
    7-Eleven Convenience Store
    7-Eleven Convenience Store

    1490 S Sheldon Road, Plymouth, MI 48170

    Contact for pricing

    Freestanding 24-hour convenience store with fuel, prepared foods, and an absolute NNN lease.

    View details
    South Lyon Investment Opportunity
    South Lyon Investment Opportunity

    59120 Oasis Center Drive, South Lyon, MI 48178

    $3,600,000

    10-acre property with parking, storage, and office.

    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.

    Corner Commercial Land
    Corner Commercial Land

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    Commercially zoned corner parcel with separate access points from Lilley Road and Warren Road.

    View details
    Commercial Corner Land
    Commercial Corner Land

    Highland Rd, White Lake, MI 48383

    $210,000
    1.16 AC lot

    Commercial,Office-zoned parcel with corner positioning and access from two roads.

    View details
    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    Highland Road, White Lake, MI 48383

    $210,000
    1.16 AC lot

    Corner-positioned land with road frontage along Highland Road and Ormond Road.

    View details
    Commercial Land Near M1 Concourse
    Commercial Land Near M1 Concourse

    151 SOUTH Boulevard W, Pontiac, MI 48341

    $74,000
    0.22 AC lot

    Vacant parcel along South Boulevard W opposite the entrance to M1 Concourse.

    View details

    Novi, MI Automotive Properties Market Trends and Statistics

    Explore 1 automotive properties for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 5,706 square feet of properties for sale.

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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%

    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)

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