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    000 Walton Blvd Rochester Hills, MI 48309

    For Sale
    $799,900

    2.3-Acre Estate Lot, 3+ Build Sites

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.3-acre parcel in desirable Rochester Hills, Michigan, presents a unique opportunity for residential development. Priced at $799,900, this property comprises three contiguous parcels (1516202005, 1516202020, and 1516202021) offering ample space for the construction of three, or potentially four, homes. The expansive lot boasts multiple walkout possibilities, taking advantage of its generous size and strategic location. Situated in the highly sought-after Rochester School District, this location provides convenient access to top-rated schools. Furthermore, its proximity to Ascension Hospital and Oakland University adds to its appeal. Residents will enjoy easy access to nearby parks, golf courses, and the vibrant shopping and dining scene of Rochester. City water and sewer are readily available. The property features frontage on three streets, enhancing its development potential. Importantly, all three parcels are being sold together; they will not be sold separately. This is a rare opportunity to acquire a substantial residential land holding in a prime location.

    Property Features for 000 Walton Blvd

    General Information

    Property type
    Land

    HighLights

    • $799,900 asking price.
    • 2.3‑acre residential land parcel in Rochester Hills, MI.
    • Zoned residential; potential for 3‑4 home sites.
    • City water and sewer available.
    • Located in the desirable Rochester School District, near Ascension Hospital and Oakland University.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office 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
    Rochester Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.159658
    Latitude
    42.681041

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    FAQs

    What type of property is this?
    Land - 2.3-Acre Estate Lot, 3+ Build Sites
    Where is this land located?
    The property is located at 000 Walton Blvd Rochester Hills, MI.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: $799,900 asking price.; 2.3-acre residential land parcel in Rochester Hills, MI.; Zoned residential; potential for 3-4 home sites.
    Request Owner's contact information
    000 Walton Blvd Rochester Hills, MI 48309
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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
    000 Walton Blvd Rochester Hills, MI 48309
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