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    40695 13 Mile Rd Novi, MI 48377

    • Office Properties & Spaces
    • 11.12 lot acres
    For Sale
    View listing
    $1,950,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 40695 13 Mile Rd

    Lot size
    11.12 lot acres
    Property type
    Office Properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 11.12-acre commercial land parcel presents a unique investment opportunity in Novi, Michigan. Strategically located at the southwest corner of 13 Mile Road and the M-5 Expressway, this property boasts approximately 1000 feet of frontage along M-5, ensuring unparalleled visibility and accessibility. The current zoning is RA - Residential

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4489
    Latitude
    42.5099

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      M-5 Mile Rd

      Land • 5.00 Acres
      M-5 Mile Rd, Commerce Charter Township, MI 48377
      View Details
    • Value Estimation by Request
      176,160 SF

      27175-27275 Haggerty Rd

      Lifestyle centers • 176,160 SF
      27175-27275 Haggerty Rd, Novi, MI 48377
      View Details
    • Value Estimation by Request
      14.50 Acres

      26822 Meadowbrook Rd

      Land • 14.50 Acres
      26822 Meadowbrook Rd, Novi, MI 48377
      View Details
    • Value Estimation by Request
      3.61 Acres

      13 Mile & Haggerty

      Land • 3.61 Acres
      13 Mile & Haggerty, Novi, MI 48377
      View Details
    • Value Estimation by Request
      4.99 Acres

      28331 Haggerty Rd

      Land • 4.99 Acres
      28331 Haggerty Rd, Novi, MI 48377
      View Details
    • Value Estimation by Request
      17.56 Acres

      40705 13 Mile Rd

      Land • 17.56 Acres
      40705 13 Mile Rd, Novi, MI 48377
      View Details

    Similar Nearby for Sale

    • $1,950,000
      11.12 Acres

      Novi Commercial Land - M-5 Frontage

      11 Acres, High Visibility, Development Potential
      40695 13 Mile Rd, Novi, MI 48377
      View Details
    • $900,000
      14.33 Acres

      Novi Office Land Development Opportunity

      14.33 Acres, Prime Novi Location
      12 Mile Rd, Novi, MI 48377
      View Details
    • Contact for pricing

      Novi, MI Master Planned Land

      2.85 Acres, Mixed-Use Potential
      46735 Twelve Mile Rd, Novi, MI 48377
      View Details
    • $495,000
      2.40 Acres

      Novi Office/Medical Pad Site

      2.4-Acre Development Opportunity in Novi, MI
      42131 14 Mile Rd, Novi, MI 48377
      View Details
    • $1,599,000
      14.50 Acres

      Novi Commercial Land - 14.5 Acres

      Prime Oakland County land, high visibility, I-96 access.
      26822 Meadowbrook Rd, Novi, MI 48377
      View Details
    • $1,300,000
      1.78 Acres

      Novi Commercial Land - 1.78 Acres

      Prime Novi location, build-to-suit potential.
      42295 13 Mile Rd, Novi, MI 48377
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      58,430 SF

      Novi Executive Office Space

      Class A Office Suites, ±22,000 SF Available
      28100 Cabot Dr, Novi, MI 48377
      View Details
    • $12 SF/Yr
      17,742 SF

      Novi Executive Office Space

      14,142 SF Available, Prime Location
      26800 Meadowbrook Rd, Novi, MI 48377
      View Details
    • $22 SF/Yr
      37,420 SF

      Novi Office Centre: Prime Space Available

      Class A Office Suites in Novi, MI
      27780 Novi Rd, Novi, MI 48377
      View Details
    • $21 SF/Yr
      4,158 SF

      Novi Office Space For Lease

      Office suites available in Novi, Michigan, up to 6,000 SF.
      39475 13 Mile Rd, Novi, MI 48377
      View Details
    • $13 SF/Yr
      10,250 SF

      Novi R&D Park Suites

      R&D park suites available with frontage on Haggerty Road.
      27275 Haggerty Rd, Novi, MI 48377
      View Details
    • $2,629 /Mo

      Office and Medical Suites Available

      Move-in ready office and medical suites in a desirable location.
      42450 W 12 Mile Rd Rd, Novi, MI 48377
      View Details
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    40695 13 Mile Rd
    Novi, MI 48377
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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