42131 14 Mile Rd Novi, MI 48377
- Land
- 2.40 lot acres
Current Use by Public Records
- Land
Property Details for 42131 14 Mile Rd
- Lot size
- 2.40 lot acres
- Property type
- Land
Description
This exceptional 2.4-acre commercial land parcel, identified by APN 22-02-203-002, presents a prime development opportunity in the thriving Novi, Michigan market. Located at 42131 14 Mile Road, this vacant pad site is zoned for Office/Medical use and offers significant potential for a new construction project. The property is approved for up to 25,000 square feet of development across two floors, catering to a variety of medical or office uses. Its strategic location provides unparalleled access to major transportation arteries, including less than one mile from the M-5 corridor, ensuring convenient commutes for employees and clients. The site benefits from its proximity to a bustling neighborhood shopping center, featuring established businesses such as Starbucks and CVS, enhancing visibility and attracting potential tenants. This exceptional offering is priced at $495,000 and represents a rare chance to acquire a highly desirable development site in a rapidly growing area of Oakland County. The property's convenient location and approved zoning make it an ideal investment for developers seeking to capitalize on the strong demand for office and medical space in Novi. Don't miss this opportunity to secure a prime location for your next project.
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
- -83.475
- Latitude
- 42.5123
