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    7395 Highland Rd White Lake charter Township, MI 48383

    Sponsored
    For Sale
    $499,000

    High-traffic location, excellent visibility.

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.01-acre commercial land parcel, located at 7395 Highland Rd in White Lake Charter Township, Michigan (48383), presents a unique investment opportunity. Zoned PB (Planned Business), this Class A property boasts 12,000 square feet and is priced at $499,000, or $41.58 per square foot. The site benefits from a cross easement with the adjacent high-volume Kohl's Department Store, ensuring excellent visibility and accessibility. Situated on busy Highland Road, which sees 40,520 vehicles daily, this property offers unparalleled exposure for retail or office development. The land also features frontage on Porter Road, providing additional access points. All utilities are available, making this a turnkey opportunity for immediate development. The property's APN is 12-21-100-073. This is an ideal location for businesses seeking high traffic counts and strong brand synergy. Don't miss this chance to acquire a prime commercial property in a thriving Michigan community.

    Property Features for 7395 Highland Rd

    General Information

    Property type
    Land
    Square Feet
    12,000 SF
    Class
    A
    Lot Size
    43,996 SF

    HighLights

    • 1.01‑acre commercial land parcel in White Lake Charter Township, MI (48383), APN 12‑21‑100‑073.
    • PB (Planned Business) zoning, Class A property.
    • 12,000 square feet, priced at $499,000 ($41.58/SF).
    • High visibility and accessibility due to cross easement with Kohl's and frontage on busy Highland Road (40,520 VPD) and Porter Road.
    • All utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    White Lake charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.513167769792
    Latitude
    42.650642656146

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-traffic location, excellent visibility.
    Where is this land located?
    The property is located at 7395 Highland Rd White Lake charter Township, MI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 1.01-acre commercial land parcel in White Lake Charter Township, MI (48383), APN 12-21-100-073.; PB (Planned Business) zoning, Class A property.; 12,000 square feet, priced at $499,000 ($41.58/SF).
    (313) 407-7946
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    7395 Highland Rd White Lake charter Township, MI 48383
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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
    7395 Highland Rd White Lake charter Township, MI 48383
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