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    45800 Grand River Ave Novi, MI 48374

    For Sale
    $1,200,000

    Vacant Land - Novi, MI

    Lot size:
    2.00 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 45800 Grand River Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Multi-Family,Multiple,Office
    APN
    2216426003
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Expense value
    240000
    Expense
    Security Deposit
    Expense freq.
    Once

    Building Details

    Architectural style
    Other

    Emerald Standard Realty Company (989) 262-9616 [email protected]

    Listing agent Tommy Desmond (248) 906-8659

    Listing date Oct 6, 2025

    MLS# 20240019123 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Novi Vacant Land Opportunity

    This 2-acre vacant land parcel is located in the heart of the "City West" zoning district in Novi. The property features 180 feet of frontage on Grand River and is situated directly beside Suburban Showplace. Currently zoned City West North, the new zoning allows for a variety of uses, including an 8-story mixed-use development. The property is located on the north side of Grand River, which has already been approved for new zoning and is currently buildable. A Class-C liquor license is available for the site for sale as well. Potential land contract or seller financing arrangements are a possibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4995474
    Latitude
    42.4869716

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    FAQs

    What type of property is this?
    Commercial land - Two-acre vacant land parcel in Novi's City West district.
    Where is this commercial land located?
    The property is located at 45800 Grand River Ave Novi, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - New "City West" zoning allows for 8-story mixed-use development.; - Prime location in Novi's "City West" district.; - 180' of frontage on Grand River, adjacent to Suburban Showplace.
    (248) 906-8659
    Request Owner's contact information
    45800 Grand River Ave Novi, MI 48374
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    Novi, MI 48374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45800 Grand River Ave Novi, MI 48374
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