42450 W Twelve Mile Rd, Novi, MI 48377
This exceptional 25,500-square-foot office building presents a unique opportunity for businesses seeking a prestigious location in Novi, Michigan. Situated at 42450 W 12 Mile Rd, this traditional office space offers unparalleled visibility on a major thoroughfare. The building boasts a highly desirable location near Twelve Oaks Mall, upscale residential neighborhoods, and senior living communities, ensuring a strong tenant base and convenient access to amenities. Its proximity to I-96 and M-5 expressways provides excellent accessibility for employees and clients. The property is currently available for both sale and lease, with flexible space options ranging from 1,361 to 6,762 square feet. The building itself is considered upscale, reflecting a commitment to quality and modern design. Ideal for medical or general office use, this property offers immediate occupancy and ample parking. The building's location in Oakland County, Michigan, zip code 48377, provides access to a thriving business community and a wealth of local resources. This is an exceptional opportunity to acquire a highly visible and well-located office space in a prime Novi location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OS-1 · Novi, MINovi. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.