Financial
Distress signals
Property profile

47025 Grand Riv Ave Novi, MI 48374

OFF-MARKET
Other commercial real estate
Property ID
US43-4758879
2.48 ac lot
Last sale Apr 2021 · $4,294,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A specialty pet hospitality facility that was newly constructed and completed in 2020, operating as a PetSuites spa and resort. The property is situated at 47025 Grand River Ave in Novi, Michigan, and has frontage on Grand River Avenue, a five-lane roadway with reported traffic exceeding 25,000 vehicles per day. It is located opposite the Suburban Collection Showplace and the Ascension Providence Park Hospital campus within a surrounding retail area that includes Kroger, Home Depot, and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$521k
Effective rate5.29%

Value estimate

· Sep 2026
$5.16M
$4.64M – $5.68M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$100 – $212

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.9
Convenience Store9.5
Nail Salon9.2

Location

47025 Grand Riv Ave Novi, MI 48374-1340
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
46101 Grand Riv, Novi, MI 48374-1320 $827,000 Jul 2025 7,491 SF
45700 Grand Riv, Novi, MI 48374-1313 $415,000 Mar 2022 3,131 SF
48705 Grand Riv, Novi, MI 48374-1247 $200,000 Sep 2021 5,778 SF
48735 Grand Riv, Novi, MI 48374-1247 $1,225,000 Jan 2020 10,195 SF
27053 Wixom, Novi, MI 48374-1117 $583,280 May 2019 N/A
27171 Wixom, Novi, MI 48374-1118 $583,280 May 2019 N/A
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 47025 Grand Riv Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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