47460 11 Mile RdNovi, MI 48374

For Sale
$2,400,000
Prime Novi location, high traffic, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 7.86-acre commercial land parcel presents a unique investment opportunity in Novi, Michigan. Located at 47460 W 11 Mile Rd, this property boasts a highly visible corner location on Beck Road, experiencing over 20,000 vehicles daily, ensuring significant exposure for any future development. The site is conveniently situated immediately south of Ascension Providence Hospital - Novi Campus, providing proximity to a substantial population base and potential customer traffic. The property is zoned R-3: One-Family Residential, offering flexibility for various development plans. An existing structure of approximately 2,500 square feet is currently on the site, presenting potential for repurposing or demolition. The land is priced at $2,400,000, translating to $305,343 per acre. The parcel's APN is 22-17-400-028. This prime location, combined with the existing structure and high traffic count, makes this a compelling opportunity for developers seeking a high-visibility site in a thriving community. The property's potential is further enhanced by its proximity to a major medical facility, creating a strong foundation for a variety of commercial ventures. Serious inquiries are encouraged to explore the possibilities of this exceptional property.

Highlights

  • High-visibility corner lot on Beck Road, with over 20,000 vehicles per day.
  • Excellent location directly south of Ascension Providence Hospital's Novi campus.
  • 2,500 square foot existing building.

Property Details for 47460 11 Mile Rd

Property type
Retail properties, Land
Square Feet
2,582 SF
Stories
2
Lot Size (sq. ft)
342,382 SF

Location Insight

City
Novi
County
Oakland
State
Michigan
Latitude
42.4806443
Longitude
-83.5170261
47460 11 Mile Rd, Novi, Michigan

FAQs

What type of property is this?
Retail property - Prime Novi location, high traffic, development potential.
Where is the retail property located?
The property is located at 47460 11 Mile Rd Novi, MI.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High-visibility corner lot on Beck Road, with over 20,000 vehicles per day.; Excellent location directly south of Ascension Providence Hospital's Novi campus.; 2,500 square foot existing building.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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47460 11 Mile Rd
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