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    25800 Novi Rd Novi, MI 48375

    Sponsored
    For Sale
    $1,690,000

    13,187 SF Office & Warehouse

    Property size:
    13,187 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional multi-use property, located at 25800-25806 Novi Road in Novi, Michigan, presents a unique investment opportunity. The 13,187 square foot building boasts a blend of executive office and warehouse space, ideal for a variety of businesses. Constructed in phases between 1941 and 1976, the four-story building sits on a 0.95-acre lot and is zoned TC-1 Town Center-1. The property features a range of ceiling heights, from 12 to 14 feet, providing ample vertical space. Key features include three 10-foot high drive-ins and robust power capabilities (400a/220v). Its prime location in Novi's business district offers immediate access to I-96, ensuring excellent accessibility and visibility. The asking price is $1,690,000, translating to $128.15 per square foot. This property is an excellent choice for businesses seeking a versatile and strategically located space in a thriving commercial area. The property's parcel numbers are 22-23-151-005 and 22-23-151-004, and the zip code is 48375. The building's classification is C.

    Property Features for 25800 Novi Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    13,187 SF
    Class
    C
    Lot Size
    41,382 SF

    Building Details

    Stories
    4

    HighLights

    • Novi Road frontage retail/industrial/office buildings.
    • Prime Novi business district location.
    • Excellent I‑96 access.
    • 0.95‑acre site.
    • 400‑amp, 220‑volt power.
    • Three 10‑foot‑high drive‑in doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    24/7 Quick Teks ... Computer Support And Services Club Z! In-Home ... Tutoring Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4748773
    Latitude
    42.4782877

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    FAQs

    What type of property is this?
    Distribution property - 13,187 SF Office & Warehouse
    Where is this distribution property located?
    The property is located at 25800 Novi Rd Novi, MI.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: Novi Road frontage retail/industrial/office buildings.; Prime Novi business district location.; Excellent I-96 access.
    Request Owner's contact information
    25800 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
    25800 Novi Rd Novi, MI 48375
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