25800 Novi Rd, Novi, MI 48375
This exceptional multi-use property, located at 25800-25806 Novi Road in Novi, Michigan, presents a unique investment opportunity. The 13,187 square foot building boasts a blend of executive office and warehouse space, ideal for a variety of businesses. Constructed in phases between 1941 and 1976, the four-story building sits on a 0.95-acre lot and is zoned TC-1 Town Center-1. The property features a range of ceiling heights, from 12 to 14 feet, providing ample vertical space. Key features include three 10-foot high drive-ins and robust power capabilities (400a/220v). Its prime location in Novi's business district offers immediate access to I-96, ensuring excellent accessibility and visibility. The asking price is $1,690,000, translating to $128.15 per square foot. This property is an excellent choice for businesses seeking a versatile and strategically located space in a thriving commercial area. The property's parcel numbers are 22-23-151-005 and 22-23-151-004, and the zip code is 48375. The building's classification is C.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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