Property summary
This exceptional 2.85-acre land parcel in Novi, Michigan, presents a remarkable opportunity for development. Comprising two lots (1.89 acres and 0.96 acres respectively), located at 46735 & 46745 W Twelve Mile Rd, 48377, this property is master-planned for a diverse range of uses. The approved zoning allows for the construction of office, service, technology R&D, medical facilities, and even a hotel, with a retail service overlay. The site benefits from its strategic location within an established area featuring a blend of residential, industrial, and medical office buildings, ensuring a vibrant and dynamic environment. Its convenient access to major thoroughfares, including I-96, I-696, and I-275, provides excellent connectivity and accessibility. Furthermore, the property boasts the advantage of readily available municipal sewer and water services, simplifying the development process and reducing infrastructure costs. This prime location and flexible zoning make this land an ideal investment for developers seeking a high-impact project in a thriving Michigan community. The property's size and zoning flexibility offer significant potential for a variety of development scenarios, catering to a wide range of commercial and potentially residential needs. This is a rare opportunity to acquire a substantial land parcel in a desirable location with pre-approved mixed-use zoning.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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