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    41431 W 10 Mile Rd Novi, MI 48375

    For Lease
    $20 SF/Yr ($2,333 /Mo)

    Retail space available in a highly visible shopping center.

    Property size:
    1,400 SF
    Lot size:
    1.61 Acres

    Property Features for 41431 W 10 Mile Rd

    General Information

    Size
    1,400 SF
    Lot size
    1.61 Acres

    Source: NAI Farbman | Detroit Agent Michael Kalil

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

    Overview

    Retail Space in Novi, MI

    This multi-tenant neighborhood shopping center offers a retail space of 1,400 square feet. The center benefits from high visibility and excellent exposure, situated on a heavily trafficked main road with easy accessibility. Ample parking is available for customer convenience. The property is located in Novi, MI, and is positioned as an ideal business location.
    Location Intelligence

    Current Use by Public Records

    Thai Massage&DDS SPA Massage Spa

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.455538
    Latitude
    42.466834

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in a highly visible shopping center.
    Where is this strip mall located?
    The property is located at 41431 W 10 Mile Rd Novi, MI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible center with excellent exposure and prime visibility.; - Heavily trafficked main road easily accessible.; - Ample parking for customer convenience.
    (248) 353-0500
    Request Owner's contact information
    41431 W 10 Mile Rd Novi, MI 48375
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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
    41431 W 10 Mile Rd Novi, MI 48375
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