Listing Agency: Keller Williams Legacy n***@kw.com Show Phone

Listed By: Nick Jaafar · License #6501403947 Show Phone

Source: Elliman

Added: May 15 Changed: Aug 17 Last Checked: Aug 25 at 10:03AM

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Investment Insights

Based on property information with market context.

This 1.3-acre property, zoned for industrial use, is available for lease or sale on Grand River in Novi. Prospective tenants or buyers should independently verify allowable uses with the city. The location has a bike score of 52, indicating it is bikeable, and a walk score of 25, suggesting car dependence.

Key Highlights

• 1.3 acre property size.
• Located on Grand River in Novi.
• Available for lease or sale.

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Storage Facility Garden Center Parking Lot & Garage

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

318

Businesses Nearby

Explore this area 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

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 - 1.3-acre industrial land available for lease or sale.

Where is this industrial land located?

The property is located at 44911 Grand River Ave Novi, MI.

What is the lease rate?

The lease rate is $2,000/Mo.

What are key features of this property?

This property features: 1.3 acre property size.; Located on Grand River in Novi.; Available for lease or sale.