Property summary
This exceptional 18,350 square foot single-story office building, located at 24245 Karim Boulevard in Novi, Michigan, presents a fantastic opportunity. Currently classified as Class C, this property underwent a complete renovation in 2022, offering modern amenities within a convenient location. The building boasts 8,850 square feet of immediately available space, perfect for a variety of executive office or flex uses. With ample parking for 75 vehicles, client and employee convenience is ensured. The property is zoned OS-1 Office Service District within Oakland County (APN 22-24-476-019), providing flexibility for various business operations. Built in 1988, this building benefits from recent upgrades, combining the character of established infrastructure with contemporary functionality. The available space is part of a multi-tenant building, offering a collaborative environment. The property's address is 24245 Karim Boulevard, Novi, MI 48375. This prime location offers easy access to major roadways, enhancing accessibility for both employees and clients. The 8,850 square feet of vacant space provides a significant opportunity for businesses seeking expansion or relocation in a well-maintained and updated building. This is an ideal opportunity to secure a prominent presence in a thriving Oakland County business community.
Property profile
VerifiedCap rate & NOI
Current use
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Spa & Massage Center Alternative Medicine Practice
-
Training Center Tutoring Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
3-112 1003A.6 ...Off-street parking a vehicular... 89 - - - Text no longer required - Covered under Section 3.1.15.D, Development Standards on pg 3-34 and Selected References 1003A.7 Building Design 89 3 3.25.2.G 3-113 O…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OS-1 · Novi, MI3-112 1003A.6 ...Off-street parking a vehicular... 89 - - - Text no longer required - Covered under Section 3.1.15.D, Development Standards on pg 3-34 and Selected References 1003A.7 Building Design 89 3 3.25.2.G 3-113 O…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
3-112 1003A.6 ...Off-street parking a vehicular... 89 - - - Text no longer required - Covered under Section 3.1.15.D, Development Standards on pg 3-34 and Selected References 1003A.7 Building Design 89 3 3.25.2.G 3-113 O…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OS-1 in Novi, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight