47350 Grand River AveNovi, MI 48374

  • Commercial real estate
  • 3,916 SF
For Lease
$35/SF/YR View listing
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Property Details for 47350 Grand River Ave

Year built
2007
Lot size
1.29 AC
Property size (Sq ft)
3,916 SF
Zone code
OST
Property type
Commercial real estate
APN
50-22-16-176-034
APU
502216176034

Description

This exceptional opportunity presents a proposed 160,000-square-foot medical office building in Novi, Michigan. Located at 47350 Grand River Ave, this single-tenant property offers a blank canvas for a large-scale medical practice or healthcare facility. The building is classified as Class C and sits on a substantial lot, encompassing APN numbers 22-16-176-017, 026, 028, 031, and 036 within Oakland County. The entire 160,000 square feet is currently vacant, providing unparalleled flexibility for a build-to-suit design tailored to specific operational needs. The property's zoning, OST - Office Service Technology, ensures compatibility with a wide range of medical uses. This prime location in Novi, MI (zip code 48374), offers excellent accessibility and visibility along Grand River Avenue. The coordinates are 42.4901773 latitude and -83.5148918 longitude. This is a unique chance to establish a significant presence in a thriving medical market. The scale of this project allows for a comprehensive and customized medical facility, catering to a broad spectrum of healthcare services. Contact us today to explore the possibilities of developing this substantial medical office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $767,318
    Hospitality
    $702,859
    Educational
    $584,771
    Medical
    $604,882
    Retail
    $909,643

Location Insight

City
Novi
County
Oakland
State
Michigan
Latitude
42.4902
Longitude
-83.515
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
$41,130
-
-
$844,010
-
-
-
$1,688,020

FAQs

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Please email our support team at support@paperhouses.co and they will add the team member.
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