You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

M-5 Mile Rd Commerce Charter Township, MI 48377

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-acre commercial land parcel presents a unique investment opportunity in Novi, Michigan. Strategically located at the high-traffic intersection of M-5 and 14 Mile Road, this property boasts unparalleled visibility and convenient access to major thoroughfares including I-696 and I-275. The site comprises two parcels, 4.08 acres (Parcel ID: 50-22-01-200-021) and 1.14 acres (Parcel ID: 50-22-01-22-020), totaling 5.22 acres. Its prime location makes it ideal for a wide range of commercial developments. Potential uses include, but are not limited to, the construction of an office building, medical facility, recreational facility, daycare center, or bank branch. The asking price for this exceptional property is $1,000,000. This is a rare opportunity to acquire a significant commercial land holding in a thriving Oakland County market with excellent access to major transportation arteries. Don't miss this chance to secure a prominent location for your next venture. The property is located in Commerce Charter Township, Novi, MI, 48377.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own M-5 Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message