Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    297 Fm 490 Rd La Grulla, TX 78548

    • Specialty properties
    • 1.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 297 Fm 490 Rd

    Lot size
    1.11 lot acres
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Grulla
    County
    Starr
    State
    Texas
    Longitude
    -98.6491
    Latitude
    26.2646

    Comparable in this City

    • Value Estimation by Request
      10.81 Acres

      00 Expy

      Land • 10.81 Acres
      00 Expy, La Grulla, TX 78548
      View Details
    • Value Estimation by Request
      19.92 Acres

      Tba Expy 83 Hwy

      Farms • 19.92 Acres
      0 Tba Expy 83 Hwy, La Grulla, TX 78548
      View Details
    • Value Estimation by Request
      792 SF

      Ss Fm 2360

      COMMERCIAL (GENERAL) • 792 SF
      Ss Fm 2360, La Grulla, TX 78548
      View Details
    • Value Estimation by Request
      675 SF

      Las Palmas St

      COMMERCIAL (GENERAL) • 675 SF
      Las Palmas St, Grulla, TX 78548
      View Details
    • Value Estimation by Request
      1,200 SF

      502 Division St

      COMMERCIAL (GENERAL) • 1,200 SF
      502 Division St, La Grulla, TX 78548
      View Details
    • Value Estimation by Request
      1,890 SF

      689 Fm 2360

      COMMERCIAL (GENERAL) • 1,890 SF
      689 Fm 2360, Grulla, TX 78548
      View Details

    Similar Nearby for Sale

    • $143,629
      Pending

      Vacant Land in La Grulla

      Vacant open brush land acreage in La Grulla, Texas.
      0000 Msn St, La Grulla, TX 78548
      View Details
    • $65,000
      Pending

      South Texas Land in La Grulla

      11.62 acres in La Grulla, TX, ideal for recreation.
      Name Unassigned St, La Grulla, TX 78548
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    297 Fm 490 Rd
    La Grulla, TX 78548
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.