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    Novi, MI
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    Novi, MI Banks for Sale

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    Wixom, MI South Lyon, MI Northville, MI
    Novi Former Bank Branch
    Updated: Jan 22, 2024
    Novi Former Bank Branch

    23890 Novi Rd, Novi, MI 48375

    $1,315,000
    2,976 sqft
    High‑visibility corner location in thriving Novi, Michigan.
    Ideal for a bank, savings and loan, or similar financial institution.
    Functional layout with teller counter, private manager’s office, and spacious break room.
    Three‑lane drive‑thru for customer convenience.
    Prominent monument sign for branding.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Free Standing Commercial Building
    Free Standing Commercial Building

    29049 Joy Road, Westland, MI 48185

    $989,800
    3,153 sqft

    3,200 sqft commercial building suitable for various uses.

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    Bagley District Commercial Property
    Bagley District Commercial Property

    7500 W McNichols Rd, Detroit, MI 48221

    $450,000
    21,805 sqft

    Spacious commercial property with storefronts in revitalized Bagley district.

    View details
    Former Bank Branch with Parking
    Former Bank Branch with Parking

    19301 W McNichols Rd, Detroit, MI 48219

    $350,000

    Corner property ideal for community-centered organizations.

    View details
    Cherry Hill Road Commercial Land
    Cherry Hill Road Commercial Land

    39400 Cherry Hill Rd, Westland, MI 48186

    $395,000
    6,500 sqft

    Vacant land approved for medical/office, ideal for retail/banks.

    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.

    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

    1.71 acre outparcel ideal for retail, restaurant, or office.

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    Hard-Lighted Corner Development Site
    Hard-Lighted Corner Development Site

    -- Highway 412, E Kenwood, Siloam Springs, AR 72761

    $735,000
    8,252 sqft · 1.47 AC lot

    Entitled, turn-key development parcel with hard-lighted corner and highway frontage off Hwy 412 for multiple commercial uses.

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    Commercial Land in Terrytown
    Commercial Land in Terrytown

    121 Holmes Boulevard, Terrytown, LA 70056

    $65,000

    Vacant commercial land ready for development in Terrytown, Louisiana.

    View details
    Cape Coral Commercial Land Opportunity
    Cape Coral Commercial Land Opportunity

    Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

    $1,692,300
    2.59 AC lot

    Corner property near US 41, approved for development.

    View details

    Off-Market Properties in Novi, MI

    Consider similar Off-Market properties in Novi, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    21211 Haggerty Rd
    Individual retail properties

    21211 Haggerty Rd, Novi, MI 48375

    Value Estimation by Request
    3,062 sqft · 1.34 AC lot
    View details

    Novi, MI Banks Market Trends and Statistics

    Explore 2 banks for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 2,976 square feet of properties for sale, with an estimated market value of $1,315,000.

    Sale prices for bank buildings in Novi, MI start at $1,315,000, averaging $1,315,000, and reaching up to $1,315,000 — 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

    Shopping centers 6
    Automotive properties 4
    Storefront properties 2
    Banks 1
    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 $1.3M

    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

    Retail

    Residential Income

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