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    29580 Hudson Dr Novi, MI 48377

    Sponsored
    For Sale
    Contact for pricing

    Prime Novi industrial land, build-to-suit or outright purchase.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.09-acre industrial land parcel, located at 29580 Hudson Drive in Novi, Michigan (Oakland County, zip code 48377), presents a unique opportunity for developers and businesses alike. The property is zoned I-1 (Light Industrial) and boasts a fully approved site plan for an 8,400 square foot building complete with a truckwell, making it truly shovel-ready. This "ready-to-go" status significantly reduces development time and costs. The site's convenient location offers excellent freeway access to major thoroughfares including I-96, I-696, and I-275, ensuring seamless transportation and logistics. Furthermore, the property benefits from its proximity to various amenities, including the Twelve Oaks Mall, providing employees with convenient access to shopping and dining options. The parcel's APN is 22-04-378-004. This is an ideal location for businesses seeking a strategic and well-connected base of operations in the thriving Novi market. The land is available for outright purchase or a build-to-suit arrangement can be negotiated. Don't miss this chance to acquire a prime industrial property in a highly desirable location.

    Property Features for 29580 Hudson Dr

    General Information

    Property type
    Land
    Lot Size
    47,480 SF

    HighLights

    • Build‑to‑suit or outright land purchase available.
    • Fully approved site plan for an 8,400 SF building with truckwell.
    • Shovel‑ready site.
    • Excellent freeway access (I‑96, I‑696, I‑275).
    • Near Twelve Oaks Mall and other amenities.
    • I‑1 (Light Industrial) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nicholson Tuckpointing & Remodeling Masonry Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.508923
    Latitude
    42.510241

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    FAQs

    What type of property is this?
    Land - Prime Novi industrial land, build-to-suit or outright purchase.
    Where is this land located?
    The property is located at 29580 Hudson Dr Novi, MI.
    What are key features of this property?
    This property features: Build-to-suit or outright land purchase available.; Fully approved site plan for an 8,400 SF building with truckwell.; Shovel-ready site.
    Request Owner's contact information
    29580 Hudson Dr Novi, MI 48377
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    Novi, MI 48377
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29580 Hudson Dr Novi, MI 48377
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