M-5 Mile Rd Commerce Charter Township, MI 48377
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for M-5 Mile Rd
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
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.
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
- Commerce Charter Township
- County
- Oakland
- State
- Michigan
- Longitude
- -83.445
- Latitude
- 42.5269
