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Property profile & analytics
OFF-MARKET
Land

0 West Rd Novi, MI 48374

4.2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4.2 ac (182,952 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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