43043 9 Mile RdNovi, MI 48375

  • Commercial real estate
  • 131,644 SF
For Lease
$7.95/SF/YR View listing

Property Details for 43043 9 Mile Rd

Year built
1968
Lot size
9.32 AC
Property size (Sq ft)
131,644 SF
Zone code
I-1
Property type
Commercial real estate
APN
50-22-35-101-022
APU
502235101022

Description

This exceptional flex space property, located at 43043-43045 Nine Mile Road in Novi, Michigan, offers a prime opportunity for businesses seeking versatile industrial space in the thriving Central I-96 Corridor. The single-building property encompasses a substantial 135,500 square feet, with 51,500 square feet currently available for lease. Units can be divided to a minimum of 20,000 square feet, with a maximum contiguous space of 51,500 square feet. Built in 1968, the building features a desirable 16-foot ceiling height, providing ample vertical space for various operational needs. Three dock-high doors ensure efficient loading and unloading, while ample parking is provided with 383 spaces. The property sits on a generous 9.32-acre lot, offering potential for expansion or outdoor storage. The property is zoned for light industrial use and benefits from 480-volt power. Its location in Oakland County, within the dynamic Central I-96 Corridor, provides excellent access to major transportation routes and a skilled workforce. This is an ideal location for businesses seeking a functional, well-maintained industrial space in a highly desirable area. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,794,898
    Hospitality
    $23,627,988
    Educational
    $19,658,208
    Medical
    $20,334,284
    Retail
    $30,579,436
43043 9 Mile Rd, Novi, Michigan

Location Insight

City
Novi
County
Oakland
State
Michigan
Latitude
42.4511
Longitude
-83.47
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$186,070
-
-
$3,567,300
-
-
-
$7,134,600

FAQs

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