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Lakefront Multifamily Development Land

141 S Cass Lake Rd, Waterford, MI 48328

For Sale
$1,000,000

Vacant lakefront parcel with R-M2 zoning, offering frontage on S Cass Lake Rd and the lake.

Property SizeContact for details
Lot Size6.32 Acres
Days on Market751

Property Features for 141 S Cass Lake Rd

General Information

Standard status Active
Lot size 6.32 Acres
Property subtype Land
Zoning R-M2

Additional Details

Road Access Yes
Listing Agency: Thomas A. Duke Company
Listed By: Joseph Evangelista
Source: Cpix.resimplifi
Added: Oct 21, 2024 Changed: Nov 1 Last Checked: Nov 8 at 2:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas A. Duke Company

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Investment Insights

Based on property information with market context.

This vacant lakefront site is one of the last remaining R-M2, Multi-Family zoned land parcels available in Waterford. The property is offered as a development parcel with lake access and substantial frontage, suitable for residential building plans consistent with the zoning.

The site is located just south of M59 and Elizabeth Lake Road and about a mile north of Orchard Lake Road. It provides logistics to quickly reach the surrounding and greater area, with 289 feet of frontage on S Cass Lake Rd.

The land includes 510 feet of lake frontage on All Sports Otter/Sylvan Lake, supporting direct lake access. Zoning information is included in the brochure.

Key Highlights

  • 6.32‑acre lakefront vacant land parcel in Waterford
  • Zoned R‑M2 (Multiple Family Residential)
  • 289' of frontage on S Cass Lake Rd

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 48328, MI

24,178
Population
11,938
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
8.9 sq mi
ZIP Area
2,717
Density / Sq Mi
$69,788
Median Household Income
$42,084
Median Earnings
$1,041
Median Rent
$210,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Waterfront Land in Oakland County

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Frequently Asked Questions

What type of property is this?
Waterfront Land - Vacant lakefront parcel with R-M2 zoning, offering frontage on S Cass Lake Rd and the lake.
Where is this waterfront land located?
The property is located at 141 S Cass Lake Rd Waterford, MI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 6.32‑acre lakefront vacant land parcel in Waterford; Zoned R‑M2 (Multiple Family Residential); 289' of frontage on S Cass Lake Rd
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