27780 Novi RdNovi, MI 48377

  • Commercial real estate
  • 39,714 SF
For Lease
$22/SF/YR View listing

Property Details for 27780 Novi Rd

Year built
1986
Lot size
2.51 AC
Property size (Sq ft)
39,714 SF
Zone code
R-C
Property type
Commercial real estate
APN
50-22-14-100-060
APU
502214100060

Description

This exceptional Class A, three-story office building, totaling 37,420 square feet, presents a unique leasing opportunity in Novi, Michigan. Ideally situated directly across from the 12 Oaks Mall, this multi-tenant property offers unparalleled convenience and visibility. The building boasts 132 parking spaces, ensuring ample parking for tenants and their clients. Currently, there are 2,864 square feet of vacant space available, divisible into units ranging from a minimum of 254 square feet to a maximum contiguous space of 1,060 square feet. The building features a total of four suites, providing flexibility for businesses of various sizes. Built in 1986, the property is under new ownership and management, promising a fresh approach to tenant relations and building maintenance. Its strategic location provides easy access to I-96 and Novi Road, placing tenants within close proximity to a vibrant array of restaurants, retailers, and other amenities. The property sits on a 2.51-acre lot and is zoned RC - Regional Center, allowing for a diverse range of commercial uses. The building's APN is 22-14-100-060, located in Oakland County. This is an excellent opportunity for businesses seeking a high-profile location with exceptional accessibility and ample parking.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,781,734
    Hospitality
    $7,128,026
    Educational
    $5,930,434
    Medical
    $6,134,391
    Retail
    $9,225,120
27780 Novi Rd, Novi, Michigan

Location Insight

City
Novi
County
Oakland
State
Michigan
Latitude
42.4927
Longitude
-83.4753
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
$105,642
-
-
$1,998,600
-
-
-
$3,997,200

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