Property profile

23975-24015 Novi Rd Novi, MI 48375

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional opportunity presents two proposed, single-story office buildings totaling 6,140 square feet each, located in the thriving Novi Professional Village at 23975-24015 Novi Road, Novi, Michigan, 48375. The property is zoned OS-1, Office Service, allowing for both general office and medical uses. Each building features direct entry suites, providing convenient access and privacy for tenants. The development boasts a prime location on the west side of Novi Road, just south of 10 Mile Road, offering unparalleled convenience and visibility. Benefit from the close proximity to a wide array of retailers and restaurants, enhancing the appeal for employees and clients alike. Furthermore, the location provides easy access to Twelve Oaks Mall and I-96, ensuring seamless commutes and convenient access to major transportation arteries. Monument signage is available, providing excellent branding opportunities for businesses. This is an ideal opportunity for businesses seeking modern, efficient office space in a highly desirable location within Oakland County. The property consists of five buildings in total, offering flexibility for various business needs. Consider leasing existing space or exploring the build-to-suit option to perfectly tailor your workspace.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23975-24015 Novi Rd Novi, MI 48375
Novi metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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