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Financial
Distress signals
Property profile

44911 Grand River Ave Novi, MI 48375

FOR LEASE
Other industrial land
Property ID
US43-5288621
1.37 ac lot
Last sale Jun 2026 · $130,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 1.3-acre industrial-zoned land parcel located at 44911 Grand River Avenue in Novi, Michigan. It is configured as a standalone lot and is situated along Grand River Avenue in the Novi area. The land parcel is also described as being capable of a combined ownership arrangement with an adjacent mixed-use property; however, the specific terms and any associated income are not part of the property profile. Information on pricing and financing terms is not included.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$3k
Tax billed · 2023
Assessed value$78k
Effective rate3.94%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$81/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$53 – $107

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

What can be built here?
I-1
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 Permi...
General categoryINDUSTRIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.1
Law Firm13.5
HVAC Service12.2

Location

44911 Grand River Ave Novi, MI 48375
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Novi, MI 48375 $3,500,000 Jan 2024 No data
42400 11th Mile, Novi, MI 48375-1751 $3,500,000 Jan 2024 No data
42250 11th Mile, Novi, MI 48375-1816 $3,500,000 Jan 2024 No data
22650 Venture, Novi, MI 48375 $300,000 Aug 2022 No data
22700 Venture, Novi, MI 48375 $300,000 Aug 2022 No data
22750 Venture, Novi, MI 48375 $300,000 Aug 2022 No data
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
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