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    23975-24015 Novi Rd Novi, MI 48375

    Sponsored
    For Lease
    Contact for pricing

    Modern Office Suites, Novi, MI - Lease or Build

    Lot size:
    12,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional opportunity presents two proposed, single-story office buildings totaling 6,140 square feet each, located in the thriving Novi Professional Village at 23975-24015 Novi Road, Novi, Michigan, 48375. The property is zoned OS-1, Office Service, allowing for both general office and medical uses. Each building features direct entry suites, providing convenient access and privacy for tenants. The development boasts a prime location on the west side of Novi Road, just south of 10 Mile Road, offering unparalleled convenience and visibility. Benefit from the close proximity to a wide array of retailers and restaurants, enhancing the appeal for employees and clients alike. Furthermore, the location provides easy access to Twelve Oaks Mall and I-96, ensuring seamless commutes and convenient access to major transportation arteries. Monument signage is available, providing excellent branding opportunities for businesses. This is an ideal opportunity for businesses seeking modern, efficient office space in a highly desirable location within Oakland County. The property consists of five buildings in total, offering flexibility for various business needs. Consider leasing existing space or exploring the build-to-suit option to perfectly tailor your workspace.

    Property Features for 23975-24015 Novi Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,280 SF

    Building Details

    Buildings
    5
    Stories
    1

    Unit(s) available at that property

    Space
    Building E - Proposed
    Size
    6,140 SF
    Space
    Building D - Proposed
    Size
    6,140 SF

    HighLights

    • Two new 6,140 SF office buildings under construction.
    • Direct‑access suites available.
    • Excellent retail and restaurant amenities nearby.
    • Suitable for general or medical office use.
    • Monument signage opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair 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
    -83.475056618912
    Latitude
    42.465317243166

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Suites, Novi, MI - Lease or Build
    Where is this office property / space located?
    The property is located at 23975-24015 Novi Rd Novi, MI.
    What are key features of this property?
    This property features: Two new 6,140 SF office buildings under construction.; Direct-access suites available.; Excellent retail and restaurant amenities nearby.
    Request Owner's contact information
    23975-24015 Novi Rd 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
    23975-24015 Novi Rd Novi, MI 48375
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