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Residential Development Land Opportunity
For Sale
$150,000

0000 Paramount, Novi, MI 48375

Two adjoining lots with completed pre-development work streamline planning for one custom home or two residences near Walled Lake.

Property SizeContact for details
Lot Size1.12 Acres
Days on Market74

Property Features for 0000 Paramount

General Information

Standard status Active
Lot size 1.12 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,024
Listing Agency: 3DX Real Estate LLC
Listed By: Deborah Schultz
Source: Elliman
Added: Jun 1 Changed: Aug 8 Last Checked: Jul 16 at 8:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 3DX Real Estate LLC

Investment Insights

Based on property information with market context.

This offering includes two adjoining residential lots, together totaling over an acre, providing flexibility to build one custom home or build two homes on the adjoining parcels. The seller has already completed extensive pre-development work on both lots, including soil testing, survey, wetland delineation, topographic survey, driveway permits, and EGLE permits, helping reduce time and cost for the next owner.

The property is a private corner lot located in Novi, just steps from all-sports Walled Lake. It also benefits from proximity to Pavilion Shore Park, which offers scenic trails, along with nearby recreational access for biking paths around Walled Lake. Additional lakefront options mentioned include Lakeshore Park and Mercer Beach.

With the permitting and site study work largely addressed, this site is a practical fit for buyers who want to move into design and construction planning with fewer early hurdles. The two-lot configuration also suits buyers considering an adjacent-home arrangement, while still retaining the option to develop a single larger home site across both parcels.

Key Highlights

  • Two adjoining lots near all‑sports Walled Lake in Novi, with both lots totaling over 1 acre.
  • Build one custom home on both lots or build two homes on adjoining lots.
  • Extensive pre‑development work completed on both lots, including soil test, survey, and topographic survey.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby

Demographics for 48375, MI

23,237
Population
10,223
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,766
Density / Sq Mi
$112,978
Median Household Income
$70,326
Median Earnings
$1,880
Median Rent
$348,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjoining lots with completed pre-development work streamline planning for one custom home or two residences near Walled Lake.
Where is this residential land & home lot located?
The property is located at 0000 Paramount Novi, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two adjoining lots near all‑sports Walled Lake in Novi, with both lots totaling over 1 acre.; Build one custom home on both lots or build two homes on adjoining lots.; Extensive pre‑development work completed on both lots, including soil test, survey, and topographic survey.
More about this property
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