Headquarters Manufacturing
42925 W 9 Mile Rd Novi, MI 48375
New
For Sale
$3,850,000
Industrial shop includes skylights, a 10-ton bridge crane, and one overhead door with freeway access.
Property Size30,030 SF
Lot Size8.16 Acres
Price / SF$128.21
Days on Market4
Property Features for 42925 W 9 Mile Rd
General Information
- Standard status
- Active
- Size
- 30,030 SF
- Lot size
- 8.16 Acres
- Property subtype
- Industrial
Listing Agency:
Burger & Company
(248) 417-8246
Listed By:
Joseph G Pellerito
(248) 417-8246
Source:
Cpix.resimplifi
Added: Jul 21
Changed: Jul 24
Last Checked: Jul 24 at 4:38AM
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 Burger & Company
Investment Insights
Based on property information with market context.
This headquarters manufacturing facility combines office build-out with a functional shop area. The office space features high-end finishes throughout, and the shop is described as clean and well-lit with skylights. Industrial capabilities include a 10-ton bridge crane, a truckwell, and one overhead door to support loading and movement of goods.
Located at 42925 W 9 Mile Rd in Novi, Michigan, the property is positioned for freeway access. The offering sits on 8.16 acres, providing room for expansion of the building.
The current configuration is designed to support an integrated office-and-operations setup, with the shop’s overhead crane and loading features supporting in-bay workflows.
Located at 42925 W 9 Mile Rd in Novi, Michigan, the property is positioned for freeway access. The offering sits on 8.16 acres, providing room for expansion of the building.
The current configuration is designed to support an integrated office-and-operations setup, with the shop’s overhead crane and loading features supporting in-bay workflows.
Key Highlights
- Industrial shop with skylights and clean, well‑lit office area with high‑end finishes
- Shop includes a 10‑ton bridge crane
- Includes 1 overhead door
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.7k | $7.35 |
| − Vacancy | −$8.2k | −$0.27 |
| EGI | $212.6k | $7.08 |
| − OpEx | −$63.8k | −$2.12 |
| NOI | $148.8k | $4.95 |
30,030 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.13M
$1.86M – $2.48M
NOI $148,788 @ 7.0% cap · market cap 3.86%
Second Best
Office B
$1.48M
$1.29M – $1.72M
NOI $103,378 @ 7.0% cap · market cap 2.69%
Theoretical Best
Specialty Retail
$6.48M
$5.67M – $7.56M
NOI $453,405 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
FAQs
What type of property is this?
Manufacturing property - Industrial shop includes skylights, a 10-ton bridge crane, and one overhead door with freeway access.
Where is this manufacturing property located?
The property is located at 42925 W 9 Mile Rd Novi, MI.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Industrial shop with skylights and clean, well‑lit office area with high‑end finishes; Shop includes a 10‑ton bridge crane; Includes 1 overhead door
