41895 11 Mile Rd, Novi, MI 48375
This exceptional 5,008 square foot executive office condominium, built in 2007, presents a unique opportunity in Novi's thriving business district. The property, zoned for Condominium Light Industrial use, offers flexible space options, with a minimum divisible unit of 1,373 square feet and the potential to lease or purchase the entire 5,008 square feet contiguously. Currently, the entire space is vacant and ready for immediate occupancy. Its prime location offers unparalleled convenience, situated minutes from major freeways including I-96, M-5, and I-275, ensuring effortless commutes for employees and clients. The building's tranquil setting, tucked away from the bustling thoroughfares, provides a peaceful and productive work environment, while still being within walking distance of Novi Town Center and the new Sakura development. The existing high-quality office build-out features a spacious open bullpen area, several sizable private offices, well-appointed conference rooms, a professional reception area, and convenient in-suite restrooms. This adaptable space allows for seamless integration of your existing office setup or the creation of a completely customized workspace to perfectly suit your business needs. Located in Oakland County, this property represents an excellent investment opportunity for businesses seeking a prestigious and functional office space in a highly desirable location.
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
Similar Nearby for Sale
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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.