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    M-36 Whitmore Lake, MI 48189

    For Sale
    $265,000

    Prime 1.28-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.28-acre commercial land parcel presents a remarkable investment opportunity in Whitmore Lake, Michigan. Located on M-36 with 372 feet of frontage, this flat, clear lot boasts tremendous visibility and accessibility due to its proximity to the US-23 commuter on and off ramps. The property is zoned Highway Commercial, permitting a wide range of uses including retail, restaurants, and office spaces, with special use allowances for drive-thrus and gas stations. The site benefits from exceptionally high traffic counts, further enhanced by several new residential developments currently underway along M-36. This prime location is surrounded by established businesses such as KFC, Arby's, First National Bank, BP Gas, Sunoco, McDonald's, and Vals Service Station, ensuring high visibility and a strong customer base. The asking price is $265,000, translating to $207,031 per acre. The property's APN is 1629300037. This is an ideal location for businesses seeking high traffic exposure and a thriving community. The lot's size and zoning make it suitable for a variety of commercial ventures. Don't miss this chance to secure a prominent position in a rapidly growing area.

    Property Features for 0 M-36

    General Information

    Property type
    Land
    Lot Size
    55,757 SF

    HighLights

    • Highway Commercial zoning.
    • Allows restaurants, retail, office, fast food, and gas stations.
    • 372 feet of M‑36 frontage.
    • 1.28‑acre clear, level lot.
    • High traffic counts from US‑23 and new residential developments.
    • Excellent location near Arby's, McDonald's, KFC, First National Bank, BP, and Sunoco.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Whitmore Lake
    County
    Livingston
    State
    Michigan
    Longitude
    -83.818103
    Latitude
    42.4567624

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    FAQs

    What type of property is this?
    Land - Prime 1.28-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at M-36 Whitmore Lake, MI.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: Highway Commercial zoning.; Allows restaurants, retail, office, fast food, and gas stations.; 372 feet of M-36 frontage.
    Request Owner's contact information
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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
    M-36 Whitmore Lake, MI 48189
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