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    Vac Mercedes West Bloomfield Twp, MI 48324

    For Sale
    $185,000

    Vacant lot zoned for office use, great for business.

    Lot size:
    0.62 Acres

    Property Features for Vac Mercedes West

    General Information

    Lot size
    0.62 Acres

    Source: Bailey Realty & Investment Co

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Lot Zoned Office

    This vacant lot, zoned for office use, is located on the corner of Cooley Lake Rd and Mercedes. A preliminary site plan is available from the seller for a 3,300 sq.ft. office building. The property is suitable for a local business such as medical, dental, insurance, or real estate.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bloomfield Twp
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3919
    Latitude
    42.5949

    FAQs

    What type of property is this?
    Commercial land - Vacant lot zoned for office use, great for business.
    Where is this commercial land located?
    The property is located at Vac Mercedes West Bloomfield Twp, MI.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Zoned for office use, suitable for various local businesses.; - Corner lot location at the intersection of Cooley Lake Rd and Mercedes.; - Preliminary site plan available for a 3,300 sq.ft. office building.
    (248) 889-2800
    Request Owner's contact information
    Vac Mercedes West Bloomfield Twp, MI 48324
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    Bloomfield Twp, MI 48324
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Vac Mercedes West Bloomfield Twp, MI 48324
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