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    3221 Un Lk Rd Commerce Charter Township, MI 48382

    Sponsored
    For Sale
    $550,000

    Prime 0.61-acre lot, redevelopment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.61-acre commercial land parcel, located at 3221 Union Lake Road in Commerce Charter Township, Oakland County, Michigan (48382), presents a unique redevelopment opportunity. The property boasts 150 feet of frontage and a depth of 177 feet, offering ample space for a variety of commercial ventures. Currently zoned for business use, the site includes a vacant single-family rental, providing immediate income potential while development plans are underway. This strategic location benefits from its proximity to established retail anchors, including Kroger, Urban Air, and ACE Hardware, ensuring high visibility and convenient access for future businesses. Commerce Township is experiencing significant growth and development, making this property an ideal investment for those seeking to capitalize on the area's upward trajectory. The property's APN is B1

    Property Features for 3221 Un Lk Rd

    General Information

    Property type
    Land
    Lot Size
    26,572 SF

    HighLights

    • 0.61‑acre commercial land parcel in Commerce Charter Township, Oakland County, MI.
    • 150‑foot frontage and 177‑foot depth.
    • Currently zoned for business use with a vacant single‑family rental providing immediate income.
    • High visibility location near Kroger, Urban Air, and ACE Hardware.
    • Strong growth potential in a developing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Commerce Charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4450979
    Latitude
    42.5888478

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    Nearby Similar for Sale

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      Commerce Twp Convenience Store

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    FAQs

    What type of property is this?
    Land - Prime 0.61-acre lot, redevelopment potential.
    Where is this land located?
    The property is located at 3221 Un Lk Rd Commerce Charter Township, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 0.61-acre commercial land parcel in Commerce Charter Township, Oakland County, MI.; 150-foot frontage and 177-foot depth.; Currently zoned for business use with a vacant single-family rental providing immediate income.
    (248) 242-6766
    Request Owner's contact information
    3221 Un Lk Rd Commerce Charter Township, MI 48382
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    Commerce Charter Township, MI 48382
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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
    3221 Un Lk Rd Commerce Charter Township, MI 48382
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