Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Oakville Waltz Rd Carleton, MI 48164

    For Sale
    $299,900

    Prime Commercial/Residential Land, $299,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8-acre development site presents a unique investment opportunity in New Boston, Michigan. Located on Oakville Waltz Rd, with a Wayne County address and zip code 48164 (APN: 06 003 018 00), this property is zoned for commercial use (C-1) and offers significant potential for a variety of ventures. The land is currently vacant and individually owned, making it ready for immediate development. Priced at $299,900, the land value equates to $8.60 per square foot. Its strategic location near I-275 exit 8 (west) ensures high visibility and convenient access for potential customers. The expansive acreage allows for flexibility in development plans, including the possibility of subdivision to accommodate multiple businesses or projects. This property is ideal for entrepreneurs seeking a prime location to establish a new commercial enterprise, ranging from a small retail store to a larger-scale development. The property's versatility and prime location make it an attractive investment for those seeking significant return on investment in a thriving area. The property is situated in Carleton, Michigan, offering a blend of commercial and residential potential.

    Property Features for 0 Oakville Waltz Rd

    General Information

    Property type
    Land
    Lot Size
    348,480 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carleton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.430932
    Latitude
    42.087648

    Nearby Comparable

    • $650,000

      Turnkey Business Opportunity For Sale

      Fully operational business with endless potential in prime location.
      27996 Waltz Rd, New Boston, MI 48164
      View Details
    • $999,888
      80.43 Acres

      80+ Acre Land Parcel

      Large land parcel with development potential near major transportation.
      25330 Carleton Rd W, New Boston, MI 48164
      View Details
    • $595,000
      3,450 SF

      Restaurant, Bar, and Rental Units

      Restaurant and bar with two income-generating rental units.
      28080 Waltz Rd, New Boston, MI 48164
      View Details
    • $3,120,000
      104.00 Acres

      Prime Carleton Land: 104 Acres

      Exceptional 104-acre commercial/agricultural tract.
      0 Telegraph Rd, Carleton, MI 48117
      View Details

    Nearby Similar for Sale

    • $1,499,900
      Pending

      Carleton Commercial Property with Restaurant

      13.65-acre commercial property featuring a store and restaurant.
      10125 Telegraph Rd, Carleton, MI 48117
      View Details
    • $649,900

      Profitable Motel Business Opportunity

      Well-maintained 16-unit motel on 2.57 acres for sale.
      11920 Telegraph Rd, Carleton, MI 48117
      View Details
    • $800,000
      3,400 SF

      Freestanding Retail in Carleton, MI

      Single tenant Ash Market with high traffic and growth potential.
      11649 Telegraph Rd, Carleton, MI 48117
      View Details
    • $800,000
      3,400 SF

      Freestanding Retail in Carleton, MI

      Single tenant Ash Market with high traffic and growth potential.
      11653 Telegraph Rd, Carleton, MI 48117
      View Details
    • $649,900
      3,238 SF

      Carleton Motel: Prime Business Opportunity

      Profitable 16-unit motel on 2.57 acres.
      11920 Telegraph Rd, Carleton, MI 48117
      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, $299,900
    Where is this land located?
    The property is located at Oakville Waltz Rd Carleton, MI.
    What is the asking price?
    The asking price for this property is $299,900.
    Request Owner's contact information
    Oakville Waltz Rd Carleton, MI 48164
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Oakville Waltz Rd
    Carleton, MI 48164
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Oakville Waltz Rd Carleton, MI 48164
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.