Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Magellan Rd Novi, MI 48377

    Sponsored
    For Sale
    $200,000

    1.14-acre industrial lot, Novi, MI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.14-acre parcel presents a rare opportunity for development in the highly sought-after Beck West Corporate Park in Novi, Michigan. Located on Magellan Road, Lot 28, this property boasts a Light Industrial zoning designation (APN 2209326006), making it ideal for a variety of industrial uses. All utilities are conveniently available on-site, simplifying the construction process and minimizing upfront costs. The strategic location offers immediate access to I-96 Freeway, ensuring seamless transportation and logistics for any business. This prime piece of land is priced competitively at $200,000, representing a significant value proposition within this premier West Side corporate park. The property's size and zoning make it suitable for a range of industrial projects, offering investors and developers a chance to capitalize on Novi's thriving business environment. The address is Magellan Road Lot 28, Novi, MI 48377, within Oakland County. Don't miss this chance to acquire a valuable asset in a highly desirable location.

    Property Features for 0 Magellan Rd

    General Information

    Property type
    Land
    Lot Size
    49,658 SF

    HighLights

    • 1.14‑acre industrial land parcel for sale in Novi, MI.
    • Light industrial zoning.
    • All utilities available on site.
    • Prime location in Beck West Corporate Park with I‑96 freeway access.
    • Asking price: $200,000.
    • APN: 2209326006.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4750241
    Latitude
    42.5123116

    Nearby Similar for Sale

    • $199,900
      4,956 SF

      Established Restaurant Business Opportunity

      Thriving Middle Eastern restaurant for sale in Novi's bustling plaza.
      41490 Grand River Ave, Novi, MI 48375
      View Details
    • $199,000
      2,231 SF

      Turn-Key Business Opportunity in Novi

      Remodeled turn-key space suitable for coffee, tea, or restaurant.
      25875 Novi Rd, Novi, MI 48375
      View Details
    • Contact for pricing
      37,260 SF

      Novi Mixed-Use Investment Opportunity

      Value-add property with long-term tenant in Novi, Michigan.
      42350 Grand River Ave, Novi, MI 48375
      View Details
    • $235,000

      Stylish Condo in Crosswinds West

      2 bed, 1.5 bath condo with updated kitchen.
      40041 Crosswinds, Novi, MI 48375
      View Details
    • Contact for pricing
      176,160 SF

      Multi-Tenant Flex/R&D Park Investment

      Class A flex/R&D park in Novi, Michigan for sale.
      27175 Haggerty Rd, Novi, MI 48377
      View Details
    • $35,000
      1,800 SF

      Established Pet Salon in Novi

      Fully equipped pet salon ready for immediate operation in Novi.
      333 Oakland, Novi, MI 48377
      View Details
    • $9,173,000
      5,706 SF

      Carvana Investment Property in Novi

      Freestanding Carvana property in Novi, MI with long-term absolute NNN lease.
      26890 Adell Ctr Dr, Novi, MI
      View Details
    • $325,000
      1,760 SF

      Novi Condo Overlooking Pool

      Detached condo with golf course view and walk-out basement.
      31113 Columbia Dr, Novi, MI 48377
      View Details
    • $2,500,000

      Freestanding Building in Novi Shopping District

      6,114 SF building in Novi's prime shopping area.
      43485 Crescent Blvd, Novi, MI 48375
      View Details
    • Contact for pricing
      37,725 SF

      Novi Flex Space Opportunity

      Flex space for sale, lease, or build-to-suit near I-96/696.
      27629 Haggerty Rd, Novi, MI 48377
      View Details
    • Contact for pricing
      30,884 SF

      Partially Built Medical Office Building

      30,000+ SF medical office, faster market entry.
      24301 Karim Blvd, Novi, MI 48375
      View Details
    • $2,200,000
      11,050 SF

      Well-Maintained Building on Grand River

      Well-maintained building with frontage on Grand River Avenue.
      40350 Grand River Ave, Novi, MI 48375
      View Details

    FAQs

    What type of property is this?
    Land - 1.14-acre industrial lot, Novi, MI.
    Where is this land located?
    The property is located at Magellan Rd 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: 1.14-acre industrial land parcel for sale in Novi, MI.; Light industrial zoning.; All utilities available on site.
    Request Owner's contact information
    Magellan Rd Novi, MI 48377
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Magellan Rd
    Novi, MI 48377
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Magellan Rd Novi, MI 48377
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.