8285 Highland Rd White Lake, MI 48386-2015
- Warehouses
- 14,290 SF
- 6.20 lot acres
Jun 07, 2024
Current Use by Public Records
- Warehouses
Property Details for 8285 Highland Rd
- Year built
- 1980
- Lot size
- 6.20 lot acres
- Property size
- 14,290 SF
- Property type
- Warehouses
- APN
- Y -12-13-455-024
- APU
- Y1213455024
Description
This exceptional 18,000 square foot property, situated on a 6.32-acre lot in White Lake, Michigan, presents a compelling redevelopment or mixed-use investment opportunity. Located on Highland Road, a high-traffic thoroughfare boasting over 38,000 vehicles daily and 487 feet of frontage, this property offers unparalleled visibility and accessibility. The existing structures include a retail/showroom building with a bay door and a separate garage featuring six bay doors. A fenced lot provides additional space, further enhanced by available special use permits for outdoor storage. The property's zoning is General Business, allowing for a diverse range of commercial uses. Its strategic location is surrounded by established national retailers and a thriving residential community, with over 6,575 households within a two-mile radius. This translates to a substantial customer base and significant growth potential. The property is currently vacant, offering immediate occupancy for a new owner or tenant. The asking price is $3,250,000, representing a price per square foot of $180.56. The property's versatility, prime location, and substantial size make it an ideal investment for a variety of commercial ventures. The Oakland County location and the 12-13-455-024 APN provide further identification.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- White Lake
- County
- Oakland
- State
- Michigan
- Longitude
- -83.45
- Latitude
- 42.6586
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
