3.25+/- Acres Karevich Dr Novi, MI 48377
- Land
- 3.25 lot acres
Current Use by Public Records
- Land
Property Details for 0 3.25+/- Acres Karevich Dr
- Lot size
- 3.25 lot acres
- Property type
- Land
Description
This exceptional 3.25-acre commercial land parcel presents a compelling redevelopment opportunity in Novi, Michigan. Located on the west side of Karevich Drive, just north of I-96 and west of Novi Road, this property enjoys unparalleled access to major thoroughfares and sits directly across from the Twelve Oaks Mall, within Novi's thriving regional shopping district. The site benefits from its proximity to Twelve Mile Crossing and West Oaks Shopping Center, ensuring high visibility and significant foot traffic. Currently zoned C - Conference District, a proposed rezoning to RC Regional Center is underway, further enhancing its development potential. The asking price is $1,950,000, translating to $600,000 per acre. Municipal water and sanitary sewer services are readily available, simplifying infrastructure needs for future development. This location offers exceptional convenience and accessibility, making it an ideal site for a variety of commercial ventures. The property's strategic position within a bustling retail hub and its proximity to major roadways ensures strong potential for return on investment. Don't miss this chance to acquire a premier commercial land parcel in one of Michigan's most dynamic and desirable locations. The address is 3.25+/- Acres Karevich Drive, Novi, MI 48377.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Novi
- County
- Oakland
- State
- Michigan
- Longitude
- -83.4764
- Latitude
- 42.4921
