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    10087 Highland Rd Howell, MI 48843

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    For Lease
    Contact for pricing

    1.54 Acres, High-Traffic Retail Site

    Lot size:
    67,082 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.54-acre commercial land parcel presents a prime ground lease opportunity in the thriving Hartland, Michigan submarket. Ideally situated at the intersection of US 23 and M-59, this Class A property enjoys unparalleled visibility and accessibility, benefiting from its location adjacent to major retail anchors such as Kroger, CVS, Target, and Chase Bank. The site features a single, one-story building with 57 total parking spaces, ensuring ample convenience for customers and employees. Zoned General Commercial (GC), this versatile property allows for a wide range of permitted uses, catering to the diverse needs of modern businesses seeking a high-traffic location in a bustling area of Metro Detroit. The property's location within the established Hartland commercial corridor guarantees significant exposure to a large and affluent customer base. This is an exceptional opportunity for businesses seeking a strategic location with high visibility and convenient access to major roadways and established retail centers. The ample parking ensures ease of access for customers and employees, while the flexible zoning allows for a variety of commercial uses. This property is ready for development and represents a significant investment opportunity in a rapidly growing area. The APN is 42.634739, -83.752407. This is a multiple tenancy property.

    Property Features for 10087 Highland Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,082 SF
    Class
    A

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    67,082 SF

    HighLights

    • 1.54‑acre commercial land parcel in Hartland, MI.
    • Located near major retailers like Kroger, CVS, and Target, offering high visibility and accessibility.
    • Zoned General Commercial, allowing for diverse business uses.
    • Features 57 parking spaces.
    • Situated at the intersection of US 23 and M‑59.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.75208377
    Latitude
    42.63440234

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    FAQs

    What type of property is this?
    Restaurant - 1.54 Acres, High-Traffic Retail Site
    Where is this restaurant located?
    The property is located at 10087 Highland Rd Howell, MI.
    What are key features of this property?
    This property features: 1.54-acre commercial land parcel in Hartland, MI.; Located near major retailers like Kroger, CVS, and Target, offering high visibility and accessibility.; Zoned General Commercial, allowing for diverse business uses.
    Request Owner's contact information
    10087 Highland Rd Howell, MI 48843
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    Howell, MI 48843
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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
    10087 Highland Rd Howell, MI 48843
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