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Lot/land
  • $1,200,000

    45800 Grand River Ave, Novi, MI 48374

    --beds
    2baths
    2Acres
    Land
    Built in ----
    2 Acres Lot
    $497,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Incredible opportunity in the heart of the “City West” zoning district in Novi. New zoning allows for a variety of uses, including 8 story mixed use development. Situated directly beside Suburban Showplace with 180’ of frontage on Grand River, this 2 acre parcel is currently zoned City West North. Seller also has a Class-C liquor license available for the site for sale as well. Property is located on the north side of Grand River, which has already been approved for new zoning and is currently buildable. Details of City West Zoning included in the documents or can be found on the City of Novi's website in their zoning ordinance. Potential land contract / seller financing arrangements a possibility.
    783 days
    |
    83
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tommy Desmond 248-906-8659,

    Emerald Standard Realty Company 248-906-8659

    Source: Realcomp II,MLS#: 20240019123MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 2
      Features
      • Has basement: No
      • Has fireplace: No

      Property

      Lot
      • Size: 2 Acres
      Details
      • Parcel number: 2216426003
      • Zoning description: Commercial, MultiFamily, Multiple, Office
      • Special conditions: Short Sale No,Standard

      Utilities & green energy

      • Sewer: Public Sewer, Sewer At Street
      • Water: Public, Waterat Street

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Novi

      Financial & listing details

      • Tax assessed value: $152,110
      • Annual tax amount: $7,959
      • Date on market: 6/3/2024
      • Cumulative days on market: 783 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Contract,Conventional

        Estimated market value

        $497,100

        $432,000 - $562,000

        $1,533/mo

        Price history

        DateEventPrice
        6/3/2024Price change$1,200,000+103.7%
        Source: Realcomp II #20240019123 Report a problem
        2/1/2023Pending sale$589,000+38.6%
        Source: Realcomp II #219082942 Report a problem
        1/25/2023Sold$425,000-27.8%
        Source: Realcomp II #219082942 Report a problem
        3/7/2022Price change$589,000-14.5%
        Source: Realcomp II #219082942 Report a problem
        12/17/2020Price change$689,000-18.8%
        Source: AAABOR #479613417 Report a problem
        6/8/2020Price change$848,000-4.7%
        Source: Shain Park, REALTORS� #219082942 Report a problem
        12/26/2019Price change$890,000-1.1%
        Source: Shain Park, REALTORS� #219082942 Report a problem
        10/21/2019Price change$900,000-5.3%
        Source: Shain Park, REALTORS� #219082942 Report a problem
        8/28/2019Listed for sale$950,000
        Source: Shain Park, REALTORS� #219082942 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $182,630 -18%
        2024-- $222,710 +5.6%
        2023-- $210,810 +9.1%
        2022-- $193,250 -4.8%
        2021-- $202,950 +3.9%
        2020-- $195,350 +8.3%
        2019-- $180,450 +37.6%
        2015-- $131,150 +3.8%
        2014-- $126,300
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48374

        Getting around

        24 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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