Novi, MI Industrial Properties for Sale

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Wixom, MI South Lyon, MI Northville, MI

Updated: Aug 21, 2025

Well-Maintained Building on Grand River

40350 Grand River Avenue, Novi, MI 48375

$2,200,000

11,050 sqft

Grand River Avenue frontage offers high visibility and accessibility.
Well‑maintained building suitable for immediate occupancy.
Functional office space includes executive offices, private offices, lunchroom and open area.
Warehouse features a 12'x14' grade level door and enclosed shipping area.
Warehouse equipped with LED lighting and radiant tube heating.

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This listing looks promising.

Here's a quick look at some key insights for

40350 Grand River Avenue, Novi, MI 48375

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$114K
Annual
Mortgage

$564K
Recorded
Last Sold

Oct 2025
$2.15M
Property Type

Commercial (General)
Built 1996

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Updated: Mar 6

Industrial Property in Detroit MSA

22325 Roethel Dr, Novi, MI 48375

$2,677,013

15,957 sqft

7.40% Cap Rate for a solid return on investment.
Detroit MSA Location, offering a strong market presence.
3.5% Bumps, ensuring increasing returns.
Year Built: 1997

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Industrial Warehouse with Expansion Potential

27629 Haggerty Rd, Novi, MI 48377

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37,725 sqft

High-image warehouse with 24-foot clear height, grade level loading, and room to expand with mezzanine or second floor.

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Novi Road Frontage Buildings

25800 - 25806 Novi Road, Novi, MI 48375

$1,375,000

13,187 sqft

Industrial and office buildings with frontage on Novi Road.

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Multi-Tenant Flex/R&D Park Investment

27175 27275 Haggerty Road, Novi, MI

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176,160 sqft · 14.90 AC lot

Class A flex/R&D park in Novi, Michigan for sale.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

Wixom Light Industrial Opportunity

47840 Anna Court, Wixom, MI 48393

$1,945,000

13,898 sqft · 1.06 AC lot

Versatile building in Wixom's industrial corridor with high ceilings.

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Wixom Light Industrial Opportunity

47840 Anna Ct, Wixom, MI 48393

$1,945,000

1.06 AC lot

Versatile building in Wixom's industrial corridor with easy access.

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Freestanding Flex Building For Sale

37655 Interchange Dr, Farmington Hills, MI 48335

Contact for pricing

9,800 sqft

Flex building with office and shop space, great freeway access.

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Farmington Hills Flex/Industrial Space

37840 - 37890 Interchange Dr, Farmington Hills, MI 48335

Contact for pricing

33,789 sqft

Flex/industrial space with quick highway access in Farmington Hills.

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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 Industrial Land Opportunity

00 Milford Rd, New Hudson, MI 48165

$749,900

19.38 AC lot

19.38 acres of light industrial land near I-96.

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2.97 Acres of Land Available

7560 Haggerty Rd, Canton, MI 48187

$650,000

2.97 AC lot

2.97 acres of land for sale.

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Canton Twp Light Industrial Land

LOTZ S, Canton Twp, MI 48188

$200,000

3.83 AC lot

3.83 acres of vacant light industrial land for sale.

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Wayne Commercial Property on Michigan Avenue

34233 MICHIGAN Avenue, Wayne, MI 48184

$500,000

4,128 sqft · 0.82 AC lot

Prime commercial real estate in Wayne's DDA district for sale.

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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.

INDUSTRIAL (GENERAL)

26600 Heyn Dr, Novi, MI 48374-1821

$1,365,000

Estimated value

32,839 sqft · 3.64 AC lot

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INDUSTRIAL (GENERAL)

22635 Heslip Dr, Novi, MI 48375-4142

Value Estimation by Request

8,924 sqft · 0.93 AC lot

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INDUSTRIAL (GENERAL)

42775 9th Mile Rd, Novi, MI 48375-4113

$3,505,000

Estimated value

58,371 sqft · 5.58 AC lot

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INDUSTRIAL (GENERAL)

22750 Heslip Dr, Novi, MI 48375-4143

$1,605,000

Estimated value

32,231 sqft · 2.73 AC lot

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INDUSTRIAL (GENERAL)

40375 Grand Riv Ave, Novi, MI 48375-2123

$530,000

Estimated value

13,898 sqft · 0.82 AC lot

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INDUSTRIAL (GENERAL)

25345 Novi Rd, Novi, MI 48375-1641

Value Estimation by Request

5,603 sqft · 1.50 AC lot

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INDUSTRIAL (GENERAL)

46089 Grand Riv Ave, Novi, MI 48374-1319

$630,000

Estimated value

12,032 sqft · 1.03 AC lot

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INDUSTRIAL (GENERAL)

45033 Grand Riv Ave, Novi, MI 48375-1015

$950,000

Estimated value

15,587 sqft · 2.23 AC lot

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INDUSTRIAL (GENERAL)

Novi Rd, Novi, MI 48375

Value Estimation by Request

0.66 AC lot

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INDUSTRIAL (GENERAL)

26111 Lannys Rd, Novi, MI 48375-1025

Value Estimation by Request

2,772 sqft · 0.46 AC lot

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INDUSTRIAL (GENERAL)

25475 Trans X Rd, Novi, MI 48375-2445

Value Estimation by Request

6,077 sqft · 0.44 AC lot

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INDUSTRIAL (GENERAL)

25425 Trans X Rd, Novi, MI 48375-2445

$2,475,000

Estimated value

50,584 sqft · 4.45 AC lot

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INDUSTRIAL (GENERAL)

42900 9th Mile Rd, Novi, MI 48375-4123

$610,000

Estimated value

14,400 sqft · 0.80 AC lot

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INDUSTRIAL (GENERAL)

42525 11th Mile Rd, Novi, MI 48375-1701

$525,000

Estimated value

8,000 sqft · 2.58 AC lot

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MINI-WAREHOUSE, STORAGE

47020 Ww Rd, Novi, MI 48377-1728

$1,830,000

Estimated value

33,280 sqft · 2.14 AC lot

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INDUSTRIAL (GENERAL)

46860 Ww Rd, Novi, MI 48377-1724

Value Estimation by Request

3.76 AC lot

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INDUSTRIAL (GENERAL)

41144 Vincenti Ct, Novi, MI 48375-1922

$1,100,000

Estimated value

14,820 sqft · 1.03 AC lot

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INDUSTRIAL (GENERAL)

25070 Regency Dr, Novi, MI 48375-2168

Value Estimation by Request

6.67 AC lot

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INDUSTRIAL (GENERAL)

25285 Trans X Rd, Novi, MI 48375-2441

$1,130,000

Estimated value

18,150 sqft · 2.99 AC lot

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Novi, MI Industrial Properties Market Trends and Statistics

Explore 72 industrial properties for sale in Novi, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 61,455 square feet of properties for sale, with an estimated market value of $9,402,013.

Sale prices for industrial buildings in Novi, MI start at $1,375,000, averaging $2,350,503, and reaching up to $3,150,000 — 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

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	$2.5M

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

Property Size Breakdown

The majority of commercial real estate listings in Novi fall within the 100,000+ square foot range.

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Novi, MI Industrial Properties for Sale

40350 Grand River Avenue, Novi, MI 48375

22325 Roethel Dr, Novi, MI 48375

27629 Haggerty Rd, Novi, MI 48377

25800 - 25806 Novi Road, Novi, MI 48375

27175 27275 Haggerty Road, Novi, MI

Opportunities in Nearby Cities

47840 Anna Court, Wixom, MI 48393

47840 Anna Ct, Wixom, MI 48393

37655 Interchange Dr, Farmington Hills, MI 48335

37840 - 37890 Interchange Dr, Farmington Hills, MI 48335

Potential Development Sites for Consideration

00 Milford Rd, New Hudson, MI 48165

7560 Haggerty Rd, Canton, MI 48187

LOTZ S, Canton Twp, MI 48188

34233 MICHIGAN Avenue, Wayne, MI 48184

Off-Market Properties in Novi, MI

26600 Heyn Dr, Novi, MI 48374-1821

22635 Heslip Dr, Novi, MI 48375-4142

42775 9th Mile Rd, Novi, MI 48375-4113

22750 Heslip Dr, Novi, MI 48375-4143

40375 Grand Riv Ave, Novi, MI 48375-2123

25345 Novi Rd, Novi, MI 48375-1641

46089 Grand Riv Ave, Novi, MI 48374-1319

45033 Grand Riv Ave, Novi, MI 48375-1015

Novi Rd, Novi, MI 48375

26111 Lannys Rd, Novi, MI 48375-1025

25475 Trans X Rd, Novi, MI 48375-2445

25425 Trans X Rd, Novi, MI 48375-2445

42900 9th Mile Rd, Novi, MI 48375-4123

42525 11th Mile Rd, Novi, MI 48375-1701

47020 Ww Rd, Novi, MI 48377-1728

46860 Ww Rd, Novi, MI 48377-1724

41144 Vincenti Ct, Novi, MI 48375-1922

25070 Regency Dr, Novi, MI 48375-2168

25285 Trans X Rd, Novi, MI 48375-2441

Novi, MI Industrial Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Residential Income

Property Size Breakdown

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