Prime Novi Road Commercial
For Lease
Contact for pricing
24555 Novi Rd, Novi, MI 48375
Highly visible commercial land available for lease in Novi, Michigan.
Space SizeContact for details
Lot Size3.00 Acres
Days on Market209
Property Features for 24555 Novi Rd
General Information
Standard status
Active
Class
C
Lot size
3.00 Acres
Property subtype
Land
Building Details
Year Built
1986
Spaces For Lease
at 24555 Novi Rd
Outlots
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
Mid America Real Estate - Michigan Inc
Listed By:
Karen Gargaro
(248) 855-6800
Source:
Midamericagrp
Added: Mar 26
Changed: Oct 19
Last Checked: Oct 19 at 4:45AM
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 Mid America Real Estate - Michigan Inc
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Investment Insights
Based on property information with market context.
The property consists of three parcels, each approximately one acre, offering flexible division options. A Quick Pass Car Wash, a Michigan-based chain, is slated to begin construction in the Spring of 2024. The remaining lot lines are for visual representation and are not yet divided; adjustments to parcel sizes may be possible. Potential uses for the property include auto service, retail, restaurants, financial institutions, and medical facilities. Drive-thru windows may be available on all three parcels. This property is one of the few remaining B-3 zoned properties in the city. The location is 24555 Novi Rd., north of the corner of Novi Road and 10 Mile Rd., and south of Grand River Avenue and the Novi Road exit off I-96. The property benefits from its location at the convergence of major interstate expressways and a state highway, including Interstates 96, 696, and 275, M-5, M-102 (8 Mile Road), and Novi Road, providing access to Midwest and Canadian destinations. Detroit Metropolitan Wayne County Airport is less than 30 minutes away. Novi is located in Oakland County, offering a dense suburban environment with numerous restaurants, coffee shops, and parks. The public schools in Novi are highly rated.
Key Highlights
- Prime B‑3 Zoned Property: One of the few remaining B‑3 zoned properties in the city, offering diverse business opportunities.
- Strategic Location: Situated at the convergence of major expressways (I‑96, 696, 275, M‑5, M‑102) and Novi Road, providing exceptional regional accessibility.
- Divisible Parcels: Consists of 3 approximately one‑acre parcels that can be divided to accommodate various size requirements.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Commercial land - Highly visible commercial land available for lease in Novi, Michigan.
Where is this commercial land located?
The property is located at 24555 Novi Rd Novi, MI.
What are key features of this property?
This property features: Prime B‑3 Zoned Property: One of the few remaining B‑3 zoned properties in the city, offering diverse business opportunities.; Strategic Location: Situated at the convergence of major expressways (I‑96, 696, 275, M‑5, M‑102) and Novi Road, providing exceptional regional accessibility.; Divisible Parcels: Consists of 3 approximately one‑acre parcels that can be divided to accommodate various size requirements.
