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Commercial Land for Ground Lease
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43500 Grand River Ave, Novi, MI 48375

TC zoning supports consideration of commercial uses, subject to municipal approval.

Space SizeContact for details
Days on Market32

Property Features for 43500 Grand River Ave

General Information

Standard status Active
Property subtype Land
Zoning TC
Listing Agency: Signature Associates - Southfield
Listed By: Marvin Petrous · License #6501386692
Source: Cpix.resimplifi
Added: Sep 28 Changed: Oct 25 Last Checked: Oct 28 at 4:52AM

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 Signature Associates - Southfield

Rey
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Investment Insights

Based on property information with market context.

Commercial land is available through a ground lease on Grand River Avenue in Novi. The site is within an established commercial corridor, with retailers, restaurants, and service businesses in the surrounding area.

Potential uses include retail, restaurant, drive-through, medical, and financial operations, subject to zoning and municipal approvals. The property is zoned TC.

Key Highlights

  • Ground lease opportunity on Grand River Avenue in Novi
  • TC zoning
  • Potential retail, restaurant, drive‑through, medical, or financial use, subject to zoning and municipal approvals

Property Analytics

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Open Analytics

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience 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

847
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - TC zoning supports consideration of commercial uses, subject to municipal approval.
Where is this commercial land located?
The property is located at 43500 Grand River Ave Novi, MI.
What are key features of this property?
This property features: Ground lease opportunity on Grand River Avenue in Novi; TC zoning; Potential retail, restaurant, drive‑through, medical, or financial use, subject to zoning and municipal approvals
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