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24555 Novi RdNovi, MI 48375

Three 1-acre parcels, flexible development.

Overview

Added:
Dec 11, 2024
Days on market:
122
This exceptional ground lease opportunity presents three contiguous one-acre parcels totaling approximately three acres, located at 24555 Novi Road in Novi, Michigan, 48375. The property is zoned B-3, one of the few remaining parcels with this designation in the city. This prime location offers unparalleled access to major transportation arteries, including Interstates 96, 696, and 275, as well as M-5 and M-102 (8 Mile Road). Its proximity to the Novi Road exit off I-96, and the convergence of these major roadways, provides convenient access to all Midwest and Canadian destinations. The Detroit Metropolitan Wayne County Airport is less than 30 minutes away, further enhancing its logistical advantages. The site benefits from its strategic position just north of the intersection of Novi Road and 10 Mile Road, and just south of Grand River Avenue. Parcel lines are currently illustrative and can be adjusted to accommodate various development needs, ranging from smaller to larger footprints than the current one-acre divisions. A Quick Pass Car Wash is slated to begin construction in Spring 2024 on a portion of the land. Potential uses are diverse and include, but are not limited to, auto service, retail, restaurants, financial institutions, and medical facilities. The possibility of drive-thru windows exists for all three parcels. Novi, located in Oakland County, is a highly desirable community known for its suburban atmosphere, abundant amenities (restaurants, coffee shops, parks), and highly-rated public schools. This presents a unique chance to establish a presence in a thriving and strategically important location.

Highlights

  • Three contiguous one-acre parcels totaling approximately three acres in Novi, MI.
  • B-3 zoning, a rare designation in Novi.
  • Excellent access to I-96, I-696, I-275, M-5, and M-102.
  • Prime location near Novi Road and 10 Mile Road, south of Grand River Avenue.
  • Flexible parcel lines adaptable to various development sizes.
  • Quick Pass Car Wash commencing construction Spring 2024 on a portion of the site.

Property Details for 24555 Novi Rd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
130,680 SF

Unit(s) available at that property

Space
Size
130,680 SF

Location Insight

City
Novi
County
Oakland
State
Michigan
Latitude
42.4688
Longitude
-83.4764795
24555 Novi Rd, Novi, Michigan

FAQs

What type of property is this?
Retail property - Three 1-acre parcels, flexible development.
Where is the retail property located?
The property is located at 24555 Novi Rd Novi, MI.
What are key features of this property?
This property features: Three contiguous one-acre parcels totaling approximately three acres in Novi, MI.; B-3 zoning, a rare designation in Novi.; Excellent access to I-96, I-696, I-275, M-5, and M-102.
How can I contact the broker?
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24555 Novi Rd
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