42001 11 Mile RdNovi, MI 48375

For Sale
$325,000
1.75-acre lot, I1 zoning, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 1.75-acre parcel of vacant land presents a compelling investment opportunity in Novi, Michigan. Priced at $325,000, this property boasts an ideal location at 42001 West 11 Mile Road, offering unparalleled access to major thoroughfares including I-96, I-275, I-696, and M-5. The land is zoned I1 (Light Industrial), making it perfectly suited for a variety of development projects, including industrial, office, or medical facilities. Its strategic positioning near established commercial centers such as 12 Oaks Mall, Novi Town Center, West Oaks Shopping Center, and 12 Mile Crossing at Fountain Walk, ensures high visibility and accessibility. Further enhancing its appeal is the proximity to the proposed Sakura Novi development, an Asian-themed mixed-use project anticipated to commence construction soon. The property's APN is 22-23-226-021. With a land value of $76,230 per square foot, this offering represents a significant opportunity for developers seeking a prime location in a thriving market. The Oakland County location and 48375 zip code add to its desirability. This is a rare chance to acquire a substantial land parcel in a high-demand area with excellent infrastructure and future growth potential.

Highlights

  • $325,000 asking price.
  • 1.75-acre land parcel.
  • I1 Light Industrial zoning.
  • $76,230/SF land value.
  • APN: 22-23-226-021.

Property Details for 42001 11 Mile Rd

Property type
Land
Lot Size (sq. ft)
76,230 SF

Location Insight

City
Novi
County
Oakland
State
Michigan
Latitude
42.4811271
Longitude
-83.45666
42001 11 Mile Rd, Novi, Michigan

FAQs

What type of property is this?
Land - 1.75-acre lot, I1 zoning, prime location.
Where is the land located?
The property is located at 42001 11 Mile Rd Novi, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: $325,000 asking price.; 1.75-acre land parcel.; I1 Light Industrial zoning.
How can I contact the broker?
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42001 11 Mile Rd
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