and Richardson Un Lk Commerce Charter Township, MI 48382
This exceptional 15.68-acre commercial land parcel presents a remarkable development opportunity in Commerce Charter Township, Oakland County, Michigan. Strategically located at a highly visible, lighted intersection, this property benefits from convenient access to major thoroughfares including the nearby extension of M-5 highway, providing seamless connectivity to I-696, I-96, and I-275. The B-2 Community Business zoning allows for a wide range of commercial uses, maximizing development potential. Situated less than half a mile from the planned Five and Main development, this site is poised to capitalize on the anticipated growth and increased traffic in the area. The expansive lot size offers ample space for a variety of projects, from retail centers and office buildings to restaurants and other commercial ventures. With its prime location, excellent accessibility, and flexible zoning, this property represents a compelling investment opportunity for discerning developers seeking a high-impact location in a thriving Michigan community. The address is Union Lake and Richardson, Commerce Charter Township, MI 48382. The asking price is $5,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.