Novi Rd- 1.6 Acres 410 ft frontage
Vacant Land
for Sale
| Catylist Listing ID: |
30810571 |
| Property Subtypes: |
Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
|
| Gross Land Area: |
1.60 Acres
|
| Sale Price: |
$550,000 |
| Unit Price: |
$343,750 Per Acre |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/13/2022 |
Overview / Comments
|
1.6 Acres zoned Light Industrial with over 410 ft frontage along heavily trafficked Novi Rd, just South of Grand River. Ideal for a climate controlled self storage development, bank, industrial, automotive, restaurant or office/ medical use. Many new developments under way in the vicinity including a 260 unit apartment development with retail. Easy access to I-96 and I-275. Close proximity to the premier regional shopping hub which includes: Twelve Oaks Mall, Twelve Mile Crossing at Fountain Walk, Novi Town Center, Main Street Novi Shopping Center and the new Adell Center. Adjacent to the CVS distribution center just West on Gen Mar Ct.
|
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Oakland |
| Submarket/Township: |
Central I-96 Corridor |
| Tax ID/APN: |
22-22-276-017 |
| Property Located Between: |
Grand River Ave and 10 Mile Rd |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
400 |
| Highway Access: |
.75 mile |
| Site Description: |
Vacant gently sloping land, cleared |
| Lot Frontage: |
410 |
| Zoning Description: |
I-1 (Light Industrial) with Office Research Technology Development future land use |
| Topography: |
Gently Sloping |
| Easements Description: |
See agent for survey |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,661 |
60,224 |
184,117 |
| Median Age: |
38.92 |
40.7 |
42.01 |
| Households: |
2,490 |
23,891 |
76,048 |
|
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