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Vacant Land For Sale
11.12 Acres 13 Mile & M5
40695 13 Mile Road, Novi, MI 48377
Property Details
Acreage
11.12 acres
Zoning
RA - Residential
Parcel ID
22-12-101-051; 22-12-101-035; 22-12-101-038 & 22-12-101-049
Price
$1,750,000
Description
Vacant Commercial Land
Location
Located at the southwest corner of 13 Mile & M5.
Highlights
- Proposed rezoning to Multi Family or Office.
- Located on the hard corner of 13 Mile and the M-5 Expressway.
- Highly visible property with approximately 1000 fee of frontage on M-5.
Location
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Demographics
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| 1-Mile Radius | 3-Mile Radius | 5-Mile Radius | |
|---|---|---|---|
| Total Population | 9,804 | 61,104 | 188,128 |
| Total Households | 4,328 | 26,242 | 79,614 |
| Persons / Household | 2.25 | 2.32 | 2.35 |
| Avg. Household Income | $115,171 | $128,449 | $134,991 |
| Per-Capita Income | $51,324 | $56,283 | $57,988 |
| Avg. Home Value | $368,912 | $375,748 | $407,296 |
| Median Age | 43.9 | 44.3 | 43.3 |
Source: US Census Bureau ACS 2024 5-Year Estimates.
Listing Brokers
