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    Warehouses

    25800 Novi Rd, Novi, MI 48375

    13,187 SF 0.95 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Total area 13,187 SF
    Lot 0.95 ac (41,382 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
    Current use
    Occupant on record · Public records
    • 24/7 Quick Teks OnSite IT Services and Computer Repair Novi Tech Support Center IT Consulting Firm
    • Club Z! In-Home and Online Tutoring of Novi, MI Tutoring Service
    Value estimations
    Realmo proprietary · 4 methods
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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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