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    Neq Of Elizabeth Lk Rd And Cass Lk Rd Waterford Township, MI 48328

    For Sale
    $500,000

    2.74 Acres, C-3 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2.74-acre commercial land parcel presents a prime development opportunity in Waterford Township, Oakland County, Michigan. Located at the northeast quadrant of Elizabeth Lake Road and Cass Lake Road, this property boasts unparalleled visibility and convenient access to M-59, ensuring high traffic volume and excellent exposure for any business. The site is zoned C-3: General Business, allowing for a wide range of development possibilities, including office buildings and retail establishments. The expansive lot size provides ample space for a substantial project, catering to various development scales and designs. Its strategic location within Waterford Township offers proximity to a thriving community with a strong consumer base and established infrastructure. This is an ideal investment for developers seeking a high-impact location with significant growth potential. The property's address is clearly identifiable at the northeast quadrant of Elizabeth Lake Road and Cass Lake Road, Waterford Township, MI 48328. The asking price for this exceptional commercial land is $500,000. This represents a unique opportunity to acquire a highly desirable and strategically positioned commercial property in a rapidly growing area. Don't miss this chance to secure a prime location for your next development venture.

    Property Features for 0 Neq Of Elizabeth Lk Rd And Cass Lk Rd

    General Information

    Property type
    Land
    Lot Size
    119,354 SF

    HighLights

    • $500,000 asking price.
    • 2.74‑acre commercial land parcel.
    • C‑3 General Business zoning.
    • Located at the Northeast quadrant of Elizabeth Lake Road and Cass Lake Road in Waterford Township, Oakland County, Michigan (48328).
    • Excellent visibility and access to M‑59, Elizabeth Lake Road, and Cass Lake Road, ideal for office or retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waterford Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.355482
    Latitude
    42.6392959

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    FAQs

    What type of property is this?
    Land - 2.74 Acres, C-3 Zoning, High Visibility
    Where is this land located?
    The property is located at Neq Of Elizabeth Lk Rd And Cass Lk Rd Waterford Township, MI.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 2.74-acre commercial land parcel.; C-3 General Business zoning.
    Request Owner's contact information
    Neq Of Elizabeth Lk Rd And Cass Lk Rd Waterford Township, MI 48328
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    Waterford Township, MI 48328
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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
    Neq Of Elizabeth Lk Rd And Cass Lk Rd Waterford Township, MI 48328
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