For Sale
$450,000

40875 Grand River AveNovi, MI 48375

Prime 0.86-acre commercial lot in Novi, MI.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 0.86-acre vacant land parcel presents a remarkable commercial development opportunity in Novi, Michigan. Located at 40875 Grand River Avenue, this property is zoned OS-1, allowing for a diverse range of commercial uses, including retail spaces, office buildings, and other suitable ventures. The expansive lot size offers significant flexibility for development plans, catering to both small-scale and large-scale projects. Its strategic location ensures high visibility and easy accessibility, promising a strong customer base. The asking price is $450,000, translating to approximately $580,787.55 per acre. The property's address is 40875 Grand River Avenue, Novi, MI 48375, within Oakland County. The parcel number (APN) is 2224326012. This prime location and zoning make this an attractive investment for developers and entrepreneurs seeking to establish a presence in a thriving commercial area. The ample space allows for substantial growth potential, making it an ideal choice for those seeking a versatile and strategically located property. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand area.

Highlights

  • 0.86-acre vacant commercial land parcel in Novi, MI.
  • Zoned OS-1, allowing for retail, office, and other commercial uses.
  • High visibility location at 40875 Grand River Avenue with easy accessibility.
  • Asking price: $450,000 ($580,787.55 per acre).
  • Parcel number: 2224326012.

Property Details for 40875 Grand River Ave

Property type
Land
Lot Size (sq. ft)
37,462 SF

Location Insight

City
Novi
County
Oakland
State
Michigan

FAQs

What type of property is this?
Land - Prime 0.86-acre commercial lot in Novi, MI.
Where is the land located?
The property is located at 40875 Grand River Ave Novi, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 0.86-acre vacant commercial land parcel in Novi, MI.; Zoned OS-1, allowing for retail, office, and other commercial uses.; High visibility location at 40875 Grand River Avenue with easy accessibility.
How can I contact the broker?
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40875 Grand River Ave
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