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    41400 Ten Mile Rd Novi, MI 48375

    • Commercial real estate
    • 2,866 SF
    • 0.81 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US43-1048178
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 41400 Ten Mile Rd

    Year built
    1975
    Lot size
    0.81 lot acres
    Property size
    2,866 SF
    Zone code
    B-3
    Property type
    Commercial real estate
    APN
    50-22-23-426-009
    APU
    502223426009

    Description

    Novi 10 Plaza offers exceptional retail opportunities in a vibrant Oakland County location. This multi-tenant property at 41400-41840 West Ten Mile Road, Novi, MI 48375, boasts a total of 11,947 square feet, with 3,600 square feet currently vacant and available for lease. Ideal for businesses seeking high visibility and convenient access, the plaza provides excellent ingress and egress. Individual spaces range from a minimum of 1,600 square feet to a maximum contiguous space of 2,000 square feet, offering flexibility for various retail concepts. The property's prime location in Novi, Michigan, ensures high traffic volume and exposure to a substantial customer base. This is an excellent chance to establish or expand your retail presence in a thriving community within Oakland County. The address is easily accessible from West Ten Mile Road, providing convenient access for customers and employees alike. Don't miss this opportunity to secure a prominent retail space in a high-traffic area. Contact us today to learn more about leasing options and availability.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4556
    Latitude
    42.4676
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,555
    $0.00
    $0.00
    $348,120
    -
    $0.00
    $0.00
    $696,240

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    Novi, MI 48375
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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