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    42400 W 9 Mile Rd Novi, MI 48375

    For Lease
    Contact for pricing

    Single tenant building suitable for office or light industrial use.

    Property size:
    15,113 SF
    Lot size:
    1.54 Acres

    Property Features for 42400 W 9 Mile Rd

    General Information

    Size
    15,113 SF
    Lot size
    1.54 Acres

    Source: CBRE | Detroit Agent Edward Wujek II

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

    Overview

    Novi Office/Industrial Flex Building

    This single-tenant building, ideal for an owner-occupier, is currently configured for 100% office use but can be easily converted back to conventional light industrial use. The property is also configured to accommodate multiple tenants. The ground floor measures 10,747 square feet, and the second floor measures 4,375 square feet, totaling 15,113 square feet. A high bay area totals 6,327 square feet. While the grade-level garage doors have been removed, they can be easily reinstated. The property features abundant parking with a ratio of 5.2 per 1,000 square feet. Located in Novi, Michigan, the building offers main road visibility and easy access to I-275 at either the M5 or 8 Mile Interchanges. It is approximately 24 minutes from Detroit Metropolitan Wayne County Airport (DTW). The Light Industrial (I-1) zoning allows for a wide variety of uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Chameleon Power Software Company HealthTech Marketing Group Medical Supply Store Java Payment Services Accounting Residential Roofing - Se ... Roofing Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -83.463686
    Latitude
    42.453066

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    FAQs

    What type of property is this?
    Office building - Single tenant building suitable for office or light industrial use.
    Where is this office building located?
    The property is located at 42400 W 9 Mile Rd Novi, MI.
    What are key features of this property?
    This property features: - Abundant parking with a ratio of 5.2:1,000; - Easy access to I-275 at M5 or 8 Mile Interchanges; - Light Industrial (I-1) zoning provides for a wide variety of uses
    (248) 229-5021
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    42400 W 9 Mile Rd Novi, MI 48375
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    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
    42400 W 9 Mile Rd Novi, MI 48375
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