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Property profile & analytics
OFF-MARKET
Specialty properties

297 Fm 490 Rd La Grulla, TX 78548

1.11 ac lot
Property ID
Property summary
AI-generated overview

This single-tenant industrial flex space, totaling 6,200 square feet, is available for lease. Located at 25806 Novi Road in Oakland County, this Class C building offers excellent visibility with frontage on Novi Road, placing it in the heart of Novi's bustling business district. Built in 1952, the property is a single-story structure and sits on a parcel identified by APN 22-23-151-004. The entire 6,200 square feet is currently vacant, presenting a unique opportunity for a business seeking immediate occupancy. The property's zoning is designated TC-1 Town Center-1, suggesting a variety of potential uses. A key advantage is its convenient access to I-96, providing seamless connectivity to regional transportation networks. This makes the location ideal for businesses requiring easy access to major thoroughfares and a strong presence within a thriving commercial area. The property's size and location make it suitable for a range of businesses seeking a functional and well-situated space in Novi, Michigan. Interested parties should inquire for further details and leasing information.

Property profile
Verified
Property type Specialty properties
Lot 1.11 ac (48,352 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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