Address
City: Novi
Neighborhood: Route 102
State: Michigan
Postal Code: 48375
Country: United States
Business facts
Estimated annual revenue~$600.6K
Estimated employees~3
In business since2023 (est.)
Estimate based on strong signals
Area statistics (48375)
Population23,933
Median household income$110,666
Source: US Census ACS
About
Freespace Dev LLC is located in Novi, Michigan. This business is working in the following industry: Software Company.
🏳️🌈
LGBTQ Friendly
Yes
♿
Wheelchair Accessible
Parking
Market analysis
Earning below its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$457.5K2019
~$486.1K2020
~$487.4K2021
~$540.1K2022
~$570.7K2023
~$600.6K2024
Modeled from category averages for the region+5.6%/yr since 201980% confidence band: ±68%
Property
Lot size0.57 acres
CountyOakland
Assessed value$251.5K
On this lotshared with 1 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Michigan | 2,373 | ~$11.4B | ~$4.8M | ~$1.1M | 5.0★ | 0.5× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure35 chains expanding in this category, led by metroPCS, At&t, Att (+1,206 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 302 | ~$564.3M | ~$1.9M | ~$601.0K | 2,053 | ~$169.3M | 1.0× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 55 | ~$226.2M | ~$4.1M | — | 372 | — | — |
1 km area (all businesses): median from the 251 of 302 businesses with estimates
Estimate
Area conditions (48375)
Population23,933 ±1,184
Median household income$110,666 ±$8,116
Median home value$333,800
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS