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    24245 Karim Blvd Novi, MI 48375

    For Lease
    $14 SF/Yr

    8,850 SF Available, Updated 2022

    Lot size:
    18,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 18,350 square foot single-story office building, located at 24245 Karim Boulevard in Novi, Michigan, presents a fantastic opportunity. Currently classified as Class C, this property underwent a complete renovation in 2022, offering modern amenities within a convenient location. The building boasts 8,850 square feet of immediately available space, perfect for a variety of executive office or flex uses. With ample parking for 75 vehicles, client and employee convenience is ensured. The property is zoned OS-1 Office Service District within Oakland County (APN 22-24-476-019), providing flexibility for various business operations. Built in 1988, this building benefits from recent upgrades, combining the character of established infrastructure with contemporary functionality. The available space is part of a multi-tenant building, offering a collaborative environment. The property's address is 24245 Karim Boulevard, Novi, MI 48375. This prime location offers easy access to major roadways, enhancing accessibility for both employees and clients. The 8,850 square feet of vacant space provides a significant opportunity for businesses seeking expansion or relocation in a well-maintained and updated building. This is an ideal opportunity to secure a prominent presence in a thriving Oakland County business community.

    Property Features for 24245 Karim Blvd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,350 SF
    Class
    C
    Total Rate
    21408.33

    Building Details

    Year Built/Renovated
    1988/2022
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 24245
    Size
    8,850 SF
    Rate per SF
    $14

    HighLights

    • Excellent Novi location.
    • Convenient freeway access.
    • Abundant parking.
    • High‑visibility 10 Mile Road frontage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ellen Ozolins MD Plastic Surgeon Gregory E. Lakin, ... Plastic Surgeon Illuum Cosmetic Surgery Medical Spa GEMS Learning Center

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4392593
    Latitude
    42.4684901

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    FAQs

    What type of property is this?
    Flex space - 8,850 SF Available, Updated 2022
    Where is this flex space located?
    The property is located at 24245 Karim Blvd Novi, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Excellent Novi location.; Convenient freeway access.; Abundant parking.
    Request Owner's contact information
    24245 Karim Blvd 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
    24245 Karim Blvd Novi, MI 48375
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