Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8353 Andersonville Rd Clarkston, MI 48346

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.7-acre industrial lot, excellent location.

    Property Features for 8353 Andersonville Rd

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    We can help!

    Listing Contact
    Alex Tokarz
    Alex Tokarz

    Listing Agency: CMP Real Estate Group Listing Agent: Alex Tokarz

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 2.7-acre industrial land parcel, located at 8353 Andersonville Road in Clarkston, Michigan (zip code 48346), presents a unique investment opportunity. The property, identified by APN 07-36-451-020, is zoned M-1 for Light Industrial use, offering considerable flexibility for various business ventures. Priced at $305,000, this translates to approximately $112,962 per acre. Situated conveniently off Andersonville Road, just north of White Lake Road, the lot boasts 220 feet of road frontage. While the total acreage is 2.7 acres, 1.62 acres remain usable after accounting for setbacks. A significant advantage for potential buyers is the inclusion of a one-year option to clear brush and install a septic system (subject to restrictions). This turnkey aspect significantly reduces initial development costs and accelerates the path to operational readiness. This prime location in Oakland County offers easy access to major transportation routes, making it an ideal site for businesses requiring efficient logistics and convenient access to a skilled workforce. Don't miss this chance to acquire this well-positioned industrial land parcel.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Pharmacy Gym & Fitness Center Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarkston
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4532279
    Latitude
    42.703279

    Nearby Similar for Sale

    • $999,000
      6,200 SF

      Log Home on Walters Lake

      Unique multi-family log home with lake frontage in Clarkston, MI.
      8646 Thendara Blvd, Clarkston, MI 48348
      View Details
    • $950,000
      3,500 SF

      Prime Clarkston Office Space Available

      Pristine office space in desirable Clarkston, near I-75.
      7590 Dixie Hwy, Clarkston, MI 48346
      View Details
    • $699,999
      3,006 SF

      Historic Apartment Building in Clarkston

      Five-unit historical apartment building in downtown Clarkston near Depot Park.
      59 S Main St, Clarkston, MI 48346
      View Details
    • $290,000
      0.73 Acres

      Lakefront Vacant Land in Clarkston

      Improved lakefront lot with island home potential in Clarkston, MI.
      9877 Dixie Hwy, Clarkston, MI 48348
      View Details
    • $950,000

      Office Building Near DTE/Pine Knob

      Office building on main street with high visibility and accessibility.
      7217 Sashabaw Rd, Clarkston, MI 48348
      View Details
    • Contact for pricing
      33,368 SF

      Turn-Key Office and Medical Space

      Office and medical suites available near I-75 and Downtown Clarkston.
      6507-6548 Town Center Dr, Independence, MI 48346
      View Details
    • $950,000
      2,420 SF

      Clarkston Industrial Office Building

      Prime location, 2,420 sq ft, 2.73 acres
      7217 Sashabaw Rd, Clarkston, MI 48348
      View Details
    • $550,000
      2,241 SF

      Retail Building on Sashabaw Road

      2,241 SF retail building for sale in Clarkston, MI.
      8960 Sashabaw Rd, Clarkston, MI 48348
      View Details
    • $699,999

      Historical Apartment Building in Clarkston

      Five-unit apartment building in downtown Clarkston near Depot Park.
      59 S Main St Vlg, Clarkston, MI 48346
      View Details
    • Contact for pricing
      91 SF

      Kroger Anchored Shopping Center

      High-performing shopping center serving multiple communities.
      5990 Sashabaw Rd, Clarkston, MI 48346
      View Details
    • $2,450,000
      11,000 SF

      New Medical/Office Building Near I-75

      Newly built medical/office building with space available near McLaren Clarkston.
      6001 Cheshire Park Dr Vlg, Clarkston, MI
      View Details
    • Contact for pricing
      24,000 SF

      Office Retail Build to Suit

      Office retail space available for build to suit opportunity.
      Waldon Rd, Clarkston, MI 48346
      View Details

    FAQs

    What type of property is this?
    Land - 2.7-acre industrial lot, excellent location.
    Where is this land located?
    The property is located at 8353 Andersonville Rd Clarkston, MI.
    What is the asking price?
    The asking price for this property is $305,000.
    What are key features of this property?
    This property features: $305,000 Sale Price.; 2.7-acre industrial lot at 8353 Andersonville Rd, Clarkston, MI 48346 (near White Lake Rd).; One-year option to clear brush and install septic system (restrictions apply).
    (248) 399-9999 Call to check price and availability
    Request Owner's contact information
    8353 Andersonville Rd Clarkston, MI 48346
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8353 Andersonville Rd
    Clarkston, MI 48346
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    8353 Andersonville Rd Clarkston, MI 48346
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Alex Tokarz
    Alex Tokarz
    (248) 399-9999 (248) 470-7957
    Learn more
    Google sign-in failed. Please try again or use another login method.