Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

45833 W Twelve Mile Rd Novi, MI 48377

FOR LEASE
Other commercial real estate
Property ID
US43-0187212
1,270 SF 10 ac lot
Last sale May 2022 · $1,625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of approximately 10 acres of industrial land in Novi, Michigan, on W Twelve Mile Road with main-road frontage that supports signage. The parcel includes an approved development concept for a 90,000 square-foot building, with a proposed allocation of about 60,000 square feet for shop/industrial functions and about 30,000 square feet for office space, configured to support manufacturing and/or warehousing use. Site plan approval has been granted by the City of Novi. Vehicle…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value$645k
Effective rate5.29%

Value estimate

· Nov 2026
$2.03M
$1.83M – $2.23M

Realmo valuation models over county records and 29 qualifying comparable sales.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$100 – $212
Qualifying comparables29

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?
OST
OST Planned Office Service Technology District 149 - - - Found in multiple Articles and Sections 2300A Intent 149 3 3.1.23.A 3-52 2301A P...
General categoryUNKNOWN
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.1
Plumbing Service9.1
Locksmith8.8

Location

45833 W Twelve Mile Rd Novi, MI 48377
County assessor Recorded deeds · 7 transfers 29 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2206 Old Novi, Novi, MI 48377-2071 $225,000 Oct 2022 2,250 SF
31260 Wakefield, Novi, MI 48377-4514 $500,000 Jun 2022 10,376 SF
2150 Old Novi, Novi, MI 48377-2070 $764,463 Jan 2022 2,994 SF
30880 Beck, Novi, MI 48377-1000 $407,000 Jan 2020 2,460 SF
39955 14th Mile, Novi, MI 48377-1605 $200,000 Nov 2019 1,530 SF
39465 14th Mile, Novi, MI 48377-1600 $407,000 Aug 2019 2,754 SF
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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