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    Grand River Ave Novi, MI 48375

    Sponsored
    For Lease
    Contact for pricing

    New Construction, 3,500 SF Warehouse

    Lot size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional new construction warehouse, totaling 3,500 square feet, presents a prime opportunity in Novi's Central I-96 Corridor. Located on Grand River Avenue, this light industrial zoned property offers a versatile space ideal for multiple tenants. The building sits on a 0.47-acre lot, providing ample room for loading, unloading, and potential future expansion. The entire 3,500 square feet is currently vacant and ready for immediate occupancy. The property's location within the thriving Central I-96 Corridor offers excellent access to major transportation routes, ensuring seamless logistics and efficient distribution. With its convenient location and modern design, this warehouse is perfectly suited for businesses seeking a functional and strategically positioned space. The property's APN is 22-24-100-015, and it is situated in Oakland County, Michigan, with a zip code of 48375. This is a rare opportunity to secure a brand-new, high-quality warehouse in a highly sought-after location. The property is zoned for light industrial use, making it suitable for a variety of businesses. Don't miss this chance to establish your business in this dynamic area. Contact us today to learn more about this exceptional property and schedule a viewing.

    Property Features for 0 Grand River Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,500 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,500 SF

    HighLights

    • 3,500 SF new construction warehouse in Novi's Central I‑96 Corridor.
    • Located on Grand River Ave, light industrial zoning, 0.47‑acre lot.
    • Fully vacant and ready for immediate occupancy.
    • Excellent access to major transportation routes.
    • APN 22‑24‑100‑015, Oakland County, MI 48375.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4644297
    Latitude
    42.4783406

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    FAQs

    What type of property is this?
    Distribution property - New Construction, 3,500 SF Warehouse
    Where is this distribution property located?
    The property is located at Grand River Ave Novi, MI.
    What are key features of this property?
    This property features: 3,500 SF new construction warehouse in Novi's Central I-96 Corridor.; Located on Grand River Ave, light industrial zoning, 0.47-acre lot.; Fully vacant and ready for immediate occupancy.
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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
    Grand River Ave Novi, MI 48375
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