Listed by The Jonna Group at Colliers International, Colliers - Royal Oak/Detroit, Michigan
$1,599,000
14.5 Acres Development Site (Land)
Details
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 14.500
Zoning OST - Office Service Technology (Various other Uses)
Ownership Fee Simple
14.5 Acres Prime Land | High Visibility & Frontage | Affluent Oakland County
Marketing description
Prime ±14.5-acre development site in Novi, MI, offering excellent visibility from I‑96 and quick access to M‑5. Located near Twelve Oaks Mall and Novi Town Center, the property is zoned OST, allowing for a variety of office and commercial uses with potential for alternative development upon variance. Offered at $1.6M, this site presents a compelling opportunity in a strong, high-growth market with outstanding demographics.
Investment highlights
- Prime Novi Location – On Meadowbrook Rd Near I‑96 with Quick Access to M‑5
- High Visibility Site – Excellent Exposure from I‑96
- 14.5 Acres of Vacant Land – Three Parcels Totaling 14.5 Acres
- Flexible Zoning (OST) – Office, Service, Tech Uses; Potential for Industrial or Multifamily with Variance
- Strong Retail Corridor – Minutes from Twelve Oaks Mall, West Oaks Shopping Center, & Novi Town Center
- Attractive Basis – ~$110,000/Acre
- Strong Demographics – 561k+ population & $120k+ Avg. HHI within 10-Mile Radius
- Survey Completed – Includes Utilities, Topography, Easements & Wetlands Delineation
- Major Growth Market – Located in Thriving Detroit Metro with Expanding Population and Job growth
Listing Contacts
Listed by The Jonna Group at Colliers International, Colliers - Royal Oak/Detroit, Michigan
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
OST CommercialOfficeOffice Service Technology
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 136 uses
View all 136 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
