Listing Agency: Thomas Duke Company m***@thomasduke.com Show Phone

Listed By: Eric Szerlag · License #MI 6501343471

Source: Crexi

Added: Sep 23, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:30AM

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Investment Insights

Based on property information with market context.

This 6.44-acre parcel of land is zoned for residential use. The property is located on 13 Mile Road, west of M-5. The site is suitable for rezoning to a higher density residential or office use.

Key Highlights

• 6.44 Acres of Land
• Residentially Zoned
• Potential for Higher Density Residential or Office Rezoning

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop HVAC Service Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

286

Businesses Nearby

Explore this area Business Placement

Demographics for 48377, MI

19,691

Population

9,961

Households

2

Avg Household Size

39

Median Age

52%

College-Educated

95%

High-School Grad

9.6 sq mi

ZIP Area

2,051

Density / Sq Mi

$83,368

Median Household Income

$54,373

Median Earnings

$1,439

Median Rent

$332,000

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 6.44 acre parcel on 13 Mile Road in Novi.

Where is this residential land & home lot located?

The property is located at 40705 13 Mile Road Novi, MI.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: 6.44 Acres of Land; Residentially Zoned; Potential for Higher Density Residential or Office Rezoning