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    22735 Heslip Dr Novi, MI 48375

    Sponsored
    For Sale
    $200,000

    1.31-acre industrial lot, Novi, MI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.31-acre (57,063 square foot) industrial lot, located at 22735 Heslip Drive in Novi, Michigan (Oakland County, zip code 48375), presents a rare opportunity. Priced at $200,000 ($152,672 per acre), this property is one of the last available sites to complete the Heslip Industrial Park. The lot boasts I-1 Light Industrial zoning, making it ideal for various industrial uses. Its approximate dimensions are 140 feet wide by 406 feet long. The site is pad-ready, featuring existing improvements and all necessary utilities (water and sewer) already in place. This prime location offers excellent logistics, with quick access to I-96 and I-275 interstates. Given the low inventory of industrially approved land in Novi, this represents a unique chance to secure a highly desirable development site. The parcel's APN is 50-22-26-326-015. Detailed zoning information is available in a separate brochure.

    Property Features for 22735 Heslip Dr

    General Information

    Property type
    Land
    Lot Size
    57,064 SF

    HighLights

    • 1.31‑acre light industrial zoned lot.
    • 140' x 406' lot dimensions.
    • Pad‑ready site with existing utilities (water/sewer).
    • Excellent I‑96 and I‑275 access.
    • Rare Novi industrial land opportunity; one of the last available pads on Heslip Drive.
    • Detailed zoning information available in the property brochure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.468606
    Latitude
    42.456808

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    FAQs

    What type of property is this?
    Land - 1.31-acre industrial lot, Novi, MI.
    Where is this land located?
    The property is located at 22735 Heslip Dr Novi, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 1.31-acre light industrial zoned lot.; 140' x 406' lot dimensions.; Pad-ready site with existing utilities (water/sewer).
    Request Owner's contact information
    22735 Heslip Dr Novi, MI 48375
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    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
    22735 Heslip Dr Novi, MI 48375
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