24555 Novi RdNovi, MI 48375

Property Details for 24555 Novi Rd

Year built

1986

Lot size

4.68 AC

Property size (Sq ft)

4,948 SF

Zone code

B-3

Property type

Other commercial real estate

APN

50-22-22-400-010

APU

502222400010

Description

This exceptional ground lease opportunity presents three contiguous one-acre parcels totaling approximately three acres, located at 24555 Novi Road in Novi, Michigan, 48375. The property is zoned B-3, one of the few remaining parcels with this designation in the city. This prime location offers unparalleled access to major transportation arteries, including Interstates 96, 696, and 275, as well as M-5 and M-102 (8 Mile Road). Its proximity to the Novi Road exit off I-96, and the convergence of these major roadways, provides convenient access to all Midwest and Canadian destinations. The Detroit Metropolitan Wayne County Airport is less than 30 minutes away, further enhancing its logistical advantages. The site benefits from its strategic position just north of the intersection of Novi Road and 10 Mile Road, and just south of Grand River Avenue. Parcel lines are currently illustrative and can be adjusted to accommodate various development needs, ranging from smaller to larger footprints than the current one-acre divisions. A Quick Pass Car Wash is slated to begin construction in Spring 2024 on a portion of the land. Potential uses are diverse and include, but are not limited to, auto service, retail, restaurants, financial institutions, and medical facilities. The possibility of drive-thru windows exists for all three parcels. Novi, located in Oakland County, is a highly desirable community known for its suburban atmosphere, abundant amenities (restaurants, coffee shops, parks), and highly-rated public schools. This presents a unique chance to establish a presence in a thriving and strategically important location.

Location Insight

City

Novi

County

Oakland

State

Michigan

Latitude

42.4687

Longitude

-83.4767

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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