47460 11 Mile RdNovi, MI 48374

Property Details for 47460 11 Mile Rd

Lot size

7.86 AC

Property size (Sq ft)

2,582 SF

Property type

Retail properties

Property subtype

Land

Description

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.

Location Insight

City

Novi

County

Oakland

State

Michigan

Latitude

42.4806

Longitude

-83.517

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