43455 W 10 Mile $1,850,000

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    43455 W 10 Mile Novi, MI 48375

    Accepting Backup Offers
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    • 21,800 sq. ft.
    • 5.56 Acres
    • Commercial
    • MLS# 60117615
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    Views: 76 Days On Site: 203

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    Property Details

    Fantastic opportunity for builders, developers, and investors! 5.57 Acres of commercial land in Novi walkable to Novi schools and library, near 12 Oaks Mall and major freeways. The current 21,800 sqft building was previously used as a nursing home and now sits vacant. Renovate the current building or build new - the value is in the land. Zoned OS1 for New Condos / Restaurant / Medical / Dental / Assisted Living / Senior Living / Independent Living / Shopping Plaza / Office.

    • General Features
      • Acreage 5.56
      • Area Municipality Novi (63272)
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Total SqFt Finished 21800
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Slab
      • FUEL TYPE Natural Gas
      • Heating System Forced Air
    • Property Features
      • Water Public Water
      • Lot Size 899x270x899x270
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Contact

    Rakesh Gangwani

    Rakesh Gangwani

    Real Estate Professionals

    RE/MAX Dream Properties

    Direct: 734-624-9159

    Neighborhood

    48375 (Novi) Demographics

    41 Median Age
    2,557 Population Density (per sq. mile)
    70% College Educated
    $96,316 Estimated Median Income
    6,294 Estimated Total Home Owners
    2,721 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    22,018 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $344,750 Median Sales Price
    10 Homes Sold
    10 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,850,000
        12/20/2022 3:21:13 PM Status Changed Source: Multiple Listing Service New Value: Accepting Backup Offers
        9/7/2022 4:21:36 PM Price Reduced Source: Multiple Listing Service New Value: $1,850,000 -7.5%
        7/15/2022 2:54:00 PM New in Database Source: Multiple Listing Service New Value: $1,999,900

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.