40705 Thirteen Mile Rd Novi, MI 48377
- Land
- 6.44 lot acres
Current Use by Public Records
- Land
Property Details for 40705 Thirteen Mile Rd
- Lot size
- 6.44 lot acres
- Property type
- Land
Description
This exceptional 6.44-acre parcel, located at 40705 13 Mile Road in Novi, Michigan (Oakland County, zip code 48377), presents a compelling investment opportunity. Currently zoned RA-Residential Agricultural (APN: 22-12-101-046 and 22-12-101-047), the land offers significant potential for redevelopment. The asking price is $1,200,000, translating to approximately $186,335 per acre. Its strategic location just west of the intersection of 13 Mile Road and M-5 provides excellent visibility and accessibility. The property's zoning allows for potential rezoning to higher-density residential or office uses, opening up a range of development possibilities. Furthermore, the current zoning permits special land uses such as daycare centers or churches. The possibility of assembling additional contiguous land further enhances the property's long-term value and development potential. This prime location and flexible zoning make this a rare opportunity for investors seeking a high-return land investment in a thriving Michigan community. The property's latitude and longitude coordinates are 42.5098886 and -83.4491975 respectively.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Novi
- County
- Oakland
- State
- Michigan
- Longitude
- -83.4492
- Latitude
- 42.5099
