$450,000

40875 Grand River Ave Novi, MI 48375

0.9 acres
Land

Property details

About 40875 Grand River Ave

This exceptional 0.86-acre vacant land parcel offers an outstanding opportunity for commercial development in a prime location. Zoned for OS-1, this expansive lot is ideally suited for a wide range of business ventures, from retail establishments to office complexes. The property's ample size provides versatility and room for growth, making it an ideal investment for entrepreneurs and developers alike. With its strategic location in a thriving area, this land boasts high visibility and accessibility, ensuring a steady flow of potential customers. Don't miss the chance to secure this prime commercial property and bring your business vision to life!

Highlights

Home typeVacant Lot
StatusActive
Lot size0.86 Acres
MLS #24032840

Summary

  • MLS Number: 24032840
  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Office Email: klrw431@kw.com
  • Listing Agent: Jeff Glover, Arshnoor Singh

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$450,000

40875 Grand River Ave

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$125,870$4,148
2020$105,650$2,821
2018$83,450$3,570
2017$75,800$3,518

History based on county public records data.

Nearby schools

6

Orchard Hills Elementary School

Public District KG-4

1.0 mi

41900 Quince Dr

7

Village Oaks Elementary School

Public District KG-4

1.0 mi

23333 Willowbrook

7

Hillside Elementary School

Public District KG-4

2.0 mi

36801 W 11 Mile Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,911. Most Novi, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

36%
<35k
40%
35k-100k
22%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

58%
Single, No Kids
10%
Single, with Kids
17%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Figure SkatingFigure Skating
  • SoccerSoccer

Where do the neighbors shop?

  • H&MH&M
  • Chico'sChico's
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • AudiAudi
  • OldsmobileOldsmobile
  • MazdaMazda

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Frequently asked questions

About 40875 Grand River Ave

This home is located at 40875 Grand River Ave in Novi, MI and zip code 48375. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $450,000.

Over 11 listings were sold over their listed price in February 2025 in Novi, MI. In the same period over 9 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Novi, MI decreased by 7.3% between January and February 2025. While the average time on the market in February 2025 was 29 days, the median list price was $478,281.

From Rocket Homes Real Estate and based on county public records data.

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