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    27175 Haggerty Rd Novi, MI 48377

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    For Sale
    Contact for pricing

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

    Property size:
    176,160 SF
    Lot size:
    14.90 Acres

    Property Features for 27175 Haggerty Rd

    General Information

    Size
    176,160 SF
    Lot size
    14.90 Acres

    Source: Friedman Integrated Real Estate - Corporate Agent Todd Hawley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Flex/R&D Park Investment

    This multi-tenant Flex/R&D park investment opportunity features two one-story buildings. Building NRP I encompasses approximately 88,869 square feet, while NRP II offers approximately 83,547 square feet, totaling approximately 180,000 square feet. The property is 92% occupied and stabilized with long-term triple-net leases. The current tenancy includes several publicly traded corporations. Occupancy has remained at or above 90% for the previous 10 years. Available spaces are in move-in condition, providing an opportunity for significant upside. The property benefits from exceptional visibility, frontage, and setting. It is located in the affluent community of Novi, Michigan, with a strategic location offering convenient access to the local and regional expressway systems, including M-5, I-696, I-275, and I-96.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile Industrial Robots ... Industrial Equipment Supplier Quest Diagnostics Health ... Medical Laboratory

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4374381
    Latitude
    42.4925361

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    FAQs

    What type of property is this?
    Flex space - Class A flex/R&D park in Novi, Michigan for sale.
    Where is this flex space located?
    The property is located at 27175 Haggerty Rd Novi, MI.
    What are key features of this property?
    This property features: - Stabilized 180,000 SF Class A Flex/R&D park investment opportunity.; - 92% occupied with long-term triple-net leases.; - Located in Novi, Michigan, with exceptional visibility and access to major expressways (M-5, I-696, I-275, I-96).
    (248) 324-2000
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    27175 Haggerty Rd Novi, MI 48377
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    Novi, MI 48377
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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
    27175 Haggerty Rd Novi, MI 48377
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