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    OFF-MARKET
    Land

    25125 Novi Rd, Novi, MI 48375

    1.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.59-acre commercial/industrial land parcel in Novi, Michigan, offers significant development potential. Located at 25125 Novi Road, the property boasts 445 feet of frontage on a heavily trafficked road, just south of the Novi Regional Shopping District. The site plan is already approved for a 9,350 square foot pet resort, including a 2,510 square foot play area. Zoned L1-Light Industrial, this property provides easy access to major roadways including I-96, M-5, and I-275. Its prime location places it near Twelve Oaks Mall, Twelve Mile Crossing at Fountain Walk, Novi Town Center, Main Street Novi Shopping Center, and the new Adell Center. The property is also adjacent to a CVS distribution center on Gen Mar Court. The parcel's APN is 2222276017, and it is owned by an LLC. The asking price is $300,000. Further permitted uses under the L1 zoning district are available upon request. This exceptional location and approved site plan make this an attractive investment opportunity.

    Property profile
    Verified
    Property type Land
    Lot 1.59 ac (69,260 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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