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    6701 Franklin Rd Bloomfield Hills, MI 48301

    Sponsored
    For Sale
    Contact for pricing

    2.15 Acres, Residential Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.15-acre commercial land parcel presents a unique investment opportunity in the highly desirable Bloomfield Hills, Michigan market. Located at 6701 Franklin Road, just south of Maple Road, this property boasts a prime location with excellent visibility and accessibility. The site enjoys a daily traffic count of 7,301 vehicles on Franklin Road, ensuring significant exposure for any future development. The property is conveniently situated adjacent to St. Owen Parish, offering a strong community presence. Currently zoned for residential use, this presents potential for various commercial ventures, subject to necessary approvals and permits. Note that an existing residential structure is present on the property. The property is served by the esteemed Bloomfield Hills Schools. The address is 6701 Franklin Road, Bloomfield Hills, MI 48301, within Oakland County. Detailed site plans and zoning information are available upon request. The sale price is available upon inquiry. This is an exceptional opportunity to acquire a strategically located commercial land parcel in a thriving community. Don't miss this chance to capitalize on the potential of this remarkable site.

    Property Features for 6701 Franklin Rd

    General Information

    Property type
    Land
    Lot Size
    93,654 SF

    HighLights

    • Desirable Bloomfield Hills location adjacent to St. Owen Parish.
    • Prime Franklin Road location, south of Maple Road, with high visibility.
    • 2.15‑acre parcel including an existing residential structure.
    • Served by Bloomfield Hills Schools.
    • High traffic count: 7,301 vehicles daily on Franklin Road.
    • Price upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.301427
    Latitude
    42.539527

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    FAQs

    What type of property is this?
    Land - 2.15 Acres, Residential Zoning, High Traffic
    Where is this land located?
    The property is located at 6701 Franklin Rd Bloomfield Hills, MI.
    What are key features of this property?
    This property features: Desirable Bloomfield Hills location adjacent to St. Owen Parish.; Prime Franklin Road location, south of Maple Road, with high visibility.; 2.15-acre parcel including an existing residential structure.
    (248) 894-4300
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    6701 Franklin Rd Bloomfield Hills, MI 48301
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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
    6701 Franklin Rd Bloomfield Hills, MI 48301
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