41121 14 MILE Road
Novi, MI 48377

Est. Mortgage: $3,374/mo
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  • 3,474

5 acres on 14 mile between M-5 and Decker. Joint owner development and/or Developer take out LC being offered. Building/Home was rehabbed into three offices for possible developers offices. Site has a great Topography allowing for the possibility of walkouts. Initial engineering indicates the possibility of 10 to 12 condo site developed homes up to 3 stories on walkout sites. Owner willing to entertain joint venture financing or a land contract with takeouts. Initial site plan renderings being completed. Municipal water and Sewer at the street as of the summer of 2017. Great location for Senior Assisted, Extended care, Private hospice facility: Rezoning would be required.

Property Details
  • Walled Lake
    school district
  • $11,963.00
  • 1870
  • 218006428
Central air
Cable television available
School district: Walled Lake
Aluminum siding
Brick exterior
Wood exterior
Lot size: 351x696X351X691
Lot zoned: Multiple,Residential
Present use: Developer office
Frontage: 351
City water
Total square feet: 3474
For sale
Summer tax: 11622.0000
Winter tax: 341.0000
Business type: Residential,Service
Courtesy of:
RE/MAX Eclipse-Bloomfield Hills

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Address Distance Sale date Sale price
1095 UNION LAKE Road 6.8 mi. 5/25/2017 $525,000
4871 S HILL Road 7.24 mi. 8/18/2016 $699,900
23065 Canfield 7.54 mi. 5/31/2018 $550,000
645 S TELEGRAPH Road 9.44 mi. 7/7/2017 $650,000
29850 6 MILE Road 9.72 mi. 10/6/2016 $725,000
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{"markerType": "Sold", "lat": "42.62413", "lng": "-83.45372", "Address": "1095 UNION LAKE Road", "City": "White Lake Township", "StateProv": "MI", "ZipCode": "48459"}
{"markerType": "Sold", "lat": "42.52416", "lng": "-83.59599", "Address": "4871 S HILL Road", "City": "Milford Township", "StateProv": "MI", "ZipCode": "48381"}
{"markerType": "Sold", "lat": "42.46169", "lng": "-83.33398", "Address": "23065 Canfield", "City": "Farmington Hills", "StateProv": "MI", "ZipCode": "48336"}
{"markerType": "Sold", "lat": "42.61898", "lng": "-83.31824", "Address": "645 S TELEGRAPH Road", "City": "Pontiac", "StateProv": "MI", "ZipCode": "48341"}
{"markerType": "Sold", "lat": "42.41313", "lng": "-83.33943", "Address": "29850 6 MILE Road", "City": "Livonia", "StateProv": "MI", "ZipCode": "48152"}
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The approximate monthly principal & interest payment for this property would be $3,374.09.

This payment is based on a 30-year loan at a fixed rate of 4.500 % - APR 4.573 % with a down payment of $34,750. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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41121 14 MILE Road, Novi, MI 48377 commercial offered for sale at $695,000.
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