Property profile

29580 Hudson Dr Novi, MI 48377

OFF-MARKET
Land
Property ID
US43-1562666
1.09 ac lot
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Property summary

AI-generated overview

This exceptional 1.09-acre industrial land parcel, located at 29580 Hudson Drive in Novi, Michigan (Oakland County, zip code 48377), presents a unique opportunity for developers and businesses alike. The property is zoned I-1 (Light Industrial) and boasts a fully approved site plan for an 8,400 square foot building complete with a truckwell, making it truly shovel-ready. This "ready-to-go" status significantly reduces development time and costs. The site's convenient location offers excellent freeway access to major thoroughfares including I-96, I-696, and I-275, ensuring seamless transportation and logistics. Furthermore, the property benefits from its proximity to various amenities, including the Twelve Oaks Mall, providing employees with convenient access to shopping and dining options. The parcel's APN is 22-04-378-004. This is an ideal location for businesses seeking a strategic and well-connected base of operations in the thriving Novi market. The land is available for outright purchase or a build-to-suit arrangement can be negotiated. Don't miss this chance to acquire a prime industrial property in a highly desirable location.

Property profile

Verified
Property type Land
Lot 1.09 ac (47,480 SF)
UPID US43-1562666

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • General Contractor Construction Company

Location

29580 Hudson Dr Novi, MI 48377
Novi metro
Google Maps

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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