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    8960 Sashabaw Rd City Of The Vlg City of the Village of Clarkston, MI 48348

    Sponsored
    For Sale
    $550,000

    Prime Retail Space, Vacant, 2241 SF

    Property size:
    2,241 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property presents a unique investment opportunity in the thriving City of the Village of Clarkston, Michigan. Located at 8960 Sashabaw Rd, this vacant property encompasses a brand-new 2,241 square foot retail building situated on a 1.3-acre lot. The asking price is $550,000, translating to $245.43 per square foot. The building is zoned C-1: Local Commercial, allowing for a diverse range of business uses. Approved uses include, but are not limited to, fast food establishments, shopping centers, and businesses selling commodities such as meat, dairy, baked goods, apparel, hardware, and more. Additional permitted uses encompass fitness centers and drive-thru facilities, offering considerable flexibility for potential buyers. The property's strategic location on Sashabaw Road in Oakland County, with a 48348 zip code, ensures high visibility and accessibility. This is an ideal opportunity for entrepreneurs and investors seeking a versatile and well-positioned retail space in a vibrant Michigan community. The property's vacant status allows for immediate occupancy and customization to suit specific business needs. The expansive 1.3-acre lot provides ample space for future expansion or additional development. This combination of a modern building, flexible zoning, and prime location makes this property a compelling investment prospect.

    Property Features for 8960 Sashabaw Rd City Of The Vlg

    General Information

    Property type
    Retail properties
    Square Feet
    2,241 SF
    Lot Size
    56,628 SF

    HighLights

    • 2,241 square foot brand new retail building on Sashabaw Road.
    • 2,241 SF retail space.
    • C‑1 Local Commercial zoning.
    • Approved uses include fast food, retail, and various commercial businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    City of the Village of Clarkston
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3806501
    Latitude
    42.7685225

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Vacant, 2241 SF
    Where is this retail property located?
    The property is located at 8960 Sashabaw Rd City Of The Vlg City of the Village of Clarkston, 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: 2,241 square foot brand new retail building on Sashabaw Road.; 2,241 SF retail space.; C-1 Local Commercial zoning.
    (248) 351-4384
    Request Owner's contact information
    8960 Sashabaw Rd City Of The Vlg City of the Village of Clarkston, MI 48348
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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
    8960 Sashabaw Rd City Of The Vlg City of the Village of Clarkston, MI 48348
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