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    OFF-MARKET
    Land

    13 Novi Rd, Novi, MI 48375

    0.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.23-acre commercial lot presents a rare investment opportunity in the vibrant city of Novi, Michigan. Located at Lot 12,13 Novi Rd, Novi, MI 48375 (42.4719897, -83.4536844), this single-tenant property enjoys a highly desirable location directly across from the Novi Town Center. Its strategic position ensures exceptional visibility and accessibility, surrounded by established and successful businesses. The property is zoned TC (town center), offering a wide range of development possibilities for discerning investors seeking to capitalize on Novi's thriving commercial landscape. This vacant land presents an unparalleled chance to establish a new business or expand an existing one in one of Michigan's most dynamic and prosperous communities. The high traffic volume and proximity to the Town Center guarantee significant exposure and potential for substantial returns. Don't miss this exceptional opportunity to secure a prime commercial location in Novi. The property's size and zoning make it ideal for a variety of commercial ventures, promising significant growth and development potential. This is a truly unique opportunity to invest in a high-demand area with excellent visibility and accessibility.

    Property profile
    Verified
    Property type Land
    Lot 0.23 ac (10,019 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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