Property profile

39810 Grand River Ave Novi, MI 48375

OFF-MARKET
Warehouses
Property ID
US43-4292201
30,000 SF Built 1995
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Property summary

AI-generated overview

This exceptional 5,948-square-foot industrial space, located within the Woodbury Commerce Park at 39810 Grand River Ave in Novi, Michigan, presents a fantastic opportunity. Situated in the desirable Central I-96 Corridor of Oakland County, this property offers convenient access to major transportation routes. Built in 1995 and renovated in 2006, the building boasts a total of 30,000 square feet, with this particular suite (C-200) offering ample space for various business needs. The unit features a 14-foot ceiling height, providing excellent vertical storage capacity. Two dock-high doors ensure efficient loading and unloading of goods. The space includes eight offices (seven with glass fronts, one without), a lunchroom, a showroom, and separate men's and women's restrooms. Two warehouse areas are also included, each with an overhead door, offering flexibility and potential for expansion by opening up the existing partition. The property sits on a 3-acre lot and offers 106 total parking spaces for employees and visitors. The suite is zoned for light industrial use and benefits from robust power (200 amps, 220 volts, 3-phase). The property's APN is 22-24-426-014. This well-maintained space is ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Year built 1995
Total area 30,000 SF
UPID US43-4292201

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
  • Auto Repair Shop Vehicle Inspection Center
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Dental Office
  • Business Park

Location

39810 Grand River Ave Novi, MI 48375
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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