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    9 Mile Rd & Haggerty Rd Novi, MI 48375

    Sponsored
    For Sale
    Contact for pricing

    New Retail Development, 5,700 SF

    Property size:
    5,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional new shopping center development, located at the northwest corner of 9 Mile and Haggerty Roads in Novi, Michigan (48375), offers 5,700 square feet of retail space across four units within a single, one-story building. The property sits on a 2.33-acre lot and boasts 91 parking spaces, making it highly accessible for customers. Its OS1 (Office Service) zoning permits a variety of uses, including fast food, service-oriented businesses, retail establishments, and office spaces. The strategic location benefits from high visibility at a major intersection, surrounded by dense residential neighborhoods and within walking distance of a high-traffic Lifetime Fitness facility. Excellent access to major freeways, including I-275, I-96, M-5, and I-696, as well as the bustling Haggerty Road retail corridor, ensures significant traffic flow. The property is ideally suited for businesses seeking high visibility and convenient access for customers. A drive-thru option is available, further enhancing its appeal. Delivery was expected in 2022. This property is also available for sale. The APN is 22-25-400-027.

    Property Features for 9 Mile Rd & Haggerty Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    5,700 SF
    Lot Size
    101,495 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    4

    HighLights

    • New retail development with drive‑thru potential.
    • High‑traffic location with excellent visibility.
    • Modern design and efficient floor plans.
    • Flexible lease terms available.
    • Strong demographics and growing market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4643594
    Latitude
    42.4524271

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    FAQs

    What type of property is this?
    Lifestyle center - New Retail Development, 5,700 SF
    Where is this lifestyle center located?
    The property is located at 9 Mile Rd & Haggerty Rd Novi, MI.
    What are key features of this property?
    This property features: New retail development with drive-thru potential.; High-traffic location with excellent visibility.; Modern design and efficient floor plans.
    Request Owner's contact information
    9 Mile Rd & Haggerty Rd Novi, MI 48375
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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
    9 Mile Rd & Haggerty Rd Novi, MI 48375
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