22960 Venture Dr Novi, MI 48375-4128
Property summary
This exceptional 16,880-square-foot industrial property, located at 22960 Venture Drive in Novi, Michigan, presents a compelling investment opportunity. Built in 2000, this single-tenant building sits on a 1.86-acre lot within Oakland County and offers a versatile layout ideal for distribution or warehouse operations. The high ceilings, measuring 16 feet, provide ample vertical space for storage and efficient workflow. The property includes one dock-high door, offering convenient loading and unloading capabilities. Currently, there is 5,030 square feet of existing office space available for lease, with the potential to expand this to 6,405 square feet to meet specific business needs. Access to a loading dock is also a possibility. The building's adaptability makes it easily convertible into a flex/warehouse suite, catering to a wide range of business requirements. The property boasts substantial power capacity, with 800 amps available. This prime location in Novi, Michigan, offers excellent access to major transportation routes, ensuring seamless logistics and distribution. This property is an ideal choice for businesses seeking a functional, well-located, and adaptable industrial space. The combination of ample square footage, high ceilings, and potential for office expansion makes this a truly unique opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
Value estimations
Owner & transaction history
Zoning & alternative use
I-1 Light Industrial District 129 - - - Found in multiple Articles and Sections 1900 Intent 129 3 3.1.18.A 3-40 1901 Principal Uses Permitted 129 3 3.1.18.B 3-41 Intro text no longer required 1901.4 Public or private hea…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Novi, MII-1 Light Industrial District 129 - - - Found in multiple Articles and Sections 1900 Intent 129 3 3.1.18.A 3-40 1901 Principal Uses Permitted 129 3 3.1.18.B 3-41 Intro text no longer required 1901.4 Public or private hea…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-1 in Novi, MI.
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