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    West Rd Novi, MI 48374
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    West Rd, Novi, MI 48374

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    • Land
    • 4.20 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 West Rd

    Lot size
    4.20 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 4.2-acre industrial land parcel presents a remarkable investment opportunity in the thriving Oakland County, Michigan market. Located on West Rd in Northville, near Novi, with a zip code of 48374, this property offers unparalleled access to major transportation routes, ensuring seamless logistics and distribution. The asking price is $425,000, translating to an attractive price per acre of $101,190. The site's generous size provides ample space for a variety of industrial developments, from warehousing and distribution centers to light manufacturing facilities. Its strategic location within a dynamic commercial area promises strong potential for future growth and return on investment. The property is designated as industrial land and is ready for immediate development. The convenient access to major roadways and the surrounding infrastructure make this a highly desirable location for businesses seeking efficient operations and a strategic presence in the region. Given the land's size and prime location, this property represents a rare opportunity to acquire a significant industrial asset in a high-demand market. The property is currently listed for sale. While parking ratios are not explicitly defined in square footage, the property offers a parking ratio of 3 spaces per 1,000 square feet of potential development. This is a significant advantage for businesses requiring ample parking for employees and visitors.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.5177
    Latitude
    42.4756
    More about this property
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