46850 Magellan Drive
46850 Magellan Drive, Novi, MI 48377
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- Property Type Industrial - Flex - Industrial
- Property Size 43,212 SF
- Lot Size 4.2 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 2000
- Walk Score ® Car-Dependent (11)
- Bike Score ® Somewhat Bikeable (28)
- City Novi, MI
- Neighborhood Novi
- Zip Code 48377
- Market Detroit
Points of Interest
North Parking Lot
North Parking Lot
East Parking Lot
South Parking Lot
Horse Staging Area
West Boat Launch
Public Car Pool Parking
Joseph's Coney Island
House of Lee
Twelve Mile Crossing at Fountain Walk
West Oaks II
West Oaks I
Twelve Oaks Mall
Providence Park Hospital
Urgent Care of Novi
Novi Fire Department
Novi Kidney Center
Wixom Fire Station
Walled Lake Fire Department
City of Novi Lee C. Begole Police Headquarters
Novi Fire Station #4
PrimeCare Urgent Care of Novi
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Average Actual Rents in Novi
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Novi Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $23.25
- 2020 Office Vacancy Rate 14.25%
- 2020 Office Completions (SF) 269,869
- Market Value* $3,037,980
- Assessed Value $3,037,980
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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of 46850 Magellan Drive?
46850 Magellan Drive totals 43,212 square feet.
When was this property built?
46850 Magellan Drive was built in 2000.
When was 46850 Magellan Drive last sold?
46850 Magellan Drive was last sold on 13 Sep, 2018.
What is the market value for 46850 Magellan Drive?
The market value* for 46850 Magellan Drive in 2022 was $3,037,980.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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