Building Details

Building Size 139,726 SF

Buildings 1

Stories 2

Listing Agency: Signature Associates - Southfield

Listed By: Jeffrey Lemanski Show Phone

Source: Cpix.resimplifi

Added: Jun 2, 2022 Changed: Aug 31 Last Checked: Aug 29 at 4:44PM

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Investment Insights

Based on property information with market context.

This OST-zoned industrial land offers frontage along both 12 Mile Road and I-96, creating a development setting with direct exposure to established road corridors. New ownership can begin construction in 2026.

Access to I-96 is available through Beck Road, approximately 1/2 mile away, or Novi Road, approximately 2 miles away. Nearby corporate occupants include Hino Motors, A123 Battery Systems, Nachi Robotics, Toyota Boshoku, Emerson, and Nitto.

Key Highlights

• OST zoning for industrial land
• Frontage on 12 Mile Road and I‑96
• Construction can begin in 2026 under new ownership

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop HVAC Service Locksmith Carpet & Flooring Store

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

138

Businesses Nearby

Explore this area Business Placement

Demographics for 48377, MI

19,691

Population

9,961

Households

2

Avg Household Size

39

Median Age

52%

College-Educated

95%

High-School Grad

9.6 sq mi

ZIP Area

2,051

Density / Sq Mi

$83,368

Median Household Income

$54,373

Median Earnings

$1,439

Median Rent

$332,000

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - OST-zoned industrial land with frontage on 12 Mile Road and I-96.

Where is this industrial land located?

The property is located at 45833 W 12 Mile Rd Novi, MI.

What are key features of this property?

This property features: OST zoning for industrial land; Frontage on 12 Mile Road and I‑96; Construction can begin in 2026 under new ownership