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    26822 Meadowbrook Rd Novi, MI 48377

    Sponsored
    For Sale
    $1,599,000

    Prime Oakland County land, high visibility, I-96 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14.5-acre parcel presents a unique investment opportunity in Novi, Michigan. Located at 26822 Meadowbrook Road, this fee-simple property boasts prime frontage and high visibility on Meadowbrook Road, offering easy access to I-96 and M-5. The OST (Office Service Technology) zoning permits a variety of uses, including office, industrial, or residential developments (subject to variance). Its strategic location near 12 Oaks Mall and Novi Town Center provides excellent access to a thriving retail and residential community. The asking price is $1,599,000. This expansive lot is ideal for developers seeking a prominent location in a rapidly growing area of Oakland County. The property's size and zoning flexibility make it suitable for a wide range of commercial and residential projects. Consider the potential for significant returns in this desirable location with its convenient access to major transportation arteries and established amenities. The property is zoned for Office Service Technology, but other uses may be possible. This is a rare opportunity to acquire a large, strategically located parcel in a highly sought-after area.

    Property Features for 26822 Meadowbrook Rd

    General Information

    Property type
    Land
    Lot Size
    631,620 SF

    HighLights

    • Versatile zoning suitable for office, industrial, or multifamily residential use (variance required).
    • 14.5‑acre site with excellent frontage and visibility on Meadowbrook Road, easily accessible from I‑96.
    • Excellent location near 12 Oaks Mall and Novi Town Center.
    • Convenient access to M‑5 and I‑96 freeways.
    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 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
    -83.45622192329
    Latitude
    42.487670677449

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    FAQs

    What type of property is this?
    Land - Prime Oakland County land, high visibility, I-96 access.
    Where is this land located?
    The property is located at 26822 Meadowbrook Rd Novi, MI.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: Versatile zoning suitable for office, industrial, or multifamily residential use (variance required).; 14.5-acre site with excellent frontage and visibility on Meadowbrook Road, easily accessible from I-96.; Excellent location near 12 Oaks Mall and Novi Town Center.
    (248) 226-1610
    Request Owner's contact information
    26822 Meadowbrook Rd Novi, MI 48377
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    Novi, MI 48377
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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
    26822 Meadowbrook Rd Novi, MI 48377
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