297 Fm 490 Rd La Grulla, TX 78548
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.