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    25125 Novi Rd Novi, MI 48375

    Sponsored
    For Sale
    $300,000

    1.6-Acre Site, Approved Plans

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 1.59-acre commercial/industrial land parcel in Novi, Michigan, offers significant development potential. Located at 25125 Novi Road, the property boasts 445 feet of frontage on a heavily trafficked road, just south of the Novi Regional Shopping District. The site plan is already approved for a 9,350 square foot pet resort, including a 2,510 square foot play area. Zoned L1-Light Industrial, this property provides easy access to major roadways including I-96, M-5, and I-275. Its prime location places it near Twelve Oaks Mall, Twelve Mile Crossing at Fountain Walk, Novi Town Center, Main Street Novi Shopping Center, and the new Adell Center. The property is also adjacent to a CVS distribution center on Gen Mar Court. The parcel's APN is 2222276017, and it is owned by an LLC. The asking price is $300,000. Further permitted uses under the L1 zoning district are available upon request. This exceptional location and approved site plan make this an attractive investment opportunity.

    Property Features for 25125 Novi Rd

    General Information

    Property type
    Land
    Lot Size
    69,260 SF

    HighLights

    • 1.59‑acre commercial/industrial land parcel in Novi, MI, with approved site plans for a 9,350 SF pet resort.
    • 445 feet of frontage on heavily trafficked Novi Road, south of the Novi Regional Shopping District.
    • L1‑Light Industrial zoning, providing easy access to I‑96, M‑5, and I‑275, near major retail centers.
    • APN 2222276017; Asking price: $300,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -83.475080629225
    Latitude
    42.474249585584

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    FAQs

    What type of property is this?
    Land - 1.6-Acre Site, Approved Plans
    Where is this land located?
    The property is located at 25125 Novi Rd Novi, MI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 1.59-acre commercial/industrial land parcel in Novi, MI, with approved site plans for a 9,350 SF pet resort.; 445 feet of frontage on heavily trafficked Novi Road, south of the Novi Regional Shopping District.; L1-Light Industrial zoning, providing easy access to I-96, M-5, and I-275, near major retail centers.
    Request Owner's contact information
    25125 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
    25125 Novi Rd Novi, MI 48375
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