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    Adams & Silverbell Rd Oakland charter Township, MI 48306

    Sponsored
    For Sale
    Contact for pricing

    2-Acre Outlot, Kroger & CVS Anchored

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-acre commercial land parcel presents a unique investment opportunity in Oakland Charter Township, Michigan. Situated at the highly visible intersection of North Adams and Silverbell Roads, this outlot benefits from its strategic location within a thriving retail and medical center. The property is part of a beautifully maintained complex anchored by major retailers, Kroger and CVS, ensuring high traffic volume and excellent visibility. Ample parking is available for customers and employees, enhancing the convenience and appeal of this location. The site's proximity to Oakland University, just 2 miles to the north, further contributes to its strong potential. This prime location offers significant advantages for a variety of commercial uses, making it an ideal site for businesses seeking high exposure and convenient access to a substantial customer base. The property's 2-acre size provides ample space for development, allowing for flexibility in design and construction. With its strategic location, established infrastructure, and strong surrounding businesses, this outlot represents a compelling investment opportunity in a desirable and growing area. The zip code is 48306. The property is located at 42.7242226 latitude and -83.1963733 longitude.

    Property Features for 0 Adams & Silverbell Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre outlot.
    • Retail/medical outparcel in established center anchored by Kroger and CVS, ample parking.
    • Excellent location, 2 miles north of Oakland University, Adams & Silverbell Road intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oakland charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1963733
    Latitude
    42.7242226

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    FAQs

    What type of property is this?
    Land - 2-Acre Outlot, Kroger & CVS Anchored
    Where is this land located?
    The property is located at Adams & Silverbell Rd Oakland charter Township, MI.
    What are key features of this property?
    This property features: 2-acre outlot.; Retail/medical outparcel in established center anchored by Kroger and CVS, ample parking.; Excellent location, 2 miles north of Oakland University, Adams & Silverbell Road intersection.
    (248) 399-9999
    Request Owner's contact information
    Adams & Silverbell Rd Oakland charter Township, MI 48306
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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
    Adams & Silverbell Rd Oakland charter Township, MI 48306
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