0 West Rd Novi, MI 48374
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.
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
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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.