Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land I-75 Location Title is generated by Realmo AI

    Dixie Hwy, Clarkston, MI 48346

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Exceptional location ideal for retail, fast food, and offices.

    Type:Land
    Added:
    Jun 23, 2021
    Days on Market:
    1809
    Last Refresh:
    May 20 at 8:24 pm

    Property Features for Dixie Hwy

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Wilson Lahoud

    Listing agent Wilson Lahoud License #MI

    Listing office INCA Realty LLC

    Listing date Jun 23, 2021

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of INCA Realty LLC

    HighLights

    • Exceptional location directly on I‑75 Interstate.
    • Zoned C‑1, ideal for retail, fast food, and offices.
    • High traffic count: Average 50,000 cars.
    • Next to parcel owned by Oakland County for future Clarkston Court House.
    • Kitty corner from Deer Hill Villas new development.
    • Property can be split.

    Overview

    This commercial land is located with direct access to I-75. The property is zoned C-1 and is situated near the Deer Hill Villas new development. Adjacent to the parcel is land owned by Oakland County, planned for the future Clarkston Court House. The location benefits from an average traffic count of 50,000 cars. The property is suitable for retail, fast food, and office developments and can be split.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roeser Dental Associates: ... Dental Office Gloria Kildow, LPC Psychotherapist John M. Schmitz, ... Physician Samuel Caldwell Medical School Stacey Rudy, PA ... Physician

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Grocery & Convenience Store Pharmacy Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarkston
    County
    Oakland
    State
    Michigan
    Longitude
    -83.403619
    Latitude
    42.703188

    Nearby Similar for Sale

    • $950,000
      3,500 SF

      Prime Clarkston Office Space Available

      Pristine office space in desirable Clarkston, near I-75.
      7590 Dixie Highway, Clarkston, MI 48346
      View Details
    • $850,000

      Clarkston Land: Estate Homesite Potential

      14.59 acres in Clarkston near Pine Knob.
      Pine Knob Road, Clarkston, MI 48348
      View Details
    • $40,000

      Land Parcel in Clarkston, MI

      One-acre vacant land parcel for sale in Clarkston, Michigan.
      00 Clement Rd, Clarkston, MI 48346
      View Details
    • $99,000

      Prime Corner Lot on Dixie

      Exceptional visibility and high traffic exposure on Dixie Hwy.
      000 Dixie Hwy, SpringfieldCharterTownship_Oakland, MI 48348
      View Details
    • $2,400,000

      Commercial Land with Dixie Highway Frontage

      6.44 acres of commercial land in Clarkston, Michigan.
      7500 Dixie Highway, IndependenceCharterTownship_Oakland, MI 48346
      View Details
    • $1,250,000
      100 SF

      Clarkston Commercial Land on Dixie

      4.27 acre commercial property on Dixie Highway in Clarkston, MI.
      9765 DIXIE HWY, Clarkston, MI 48348
      View Details
    • $2,450,000
      11,000 SF

      New Medical/Office Building Near I-75

      Newly built medical/office building with space available near McLaren Clarkston.
      6001 Cheshire Park Dr, Village of Clarkston, MI
      View Details
    • $199,900

      Lakefront Lot Ready For Building

      Lakefront lot with 390 feet of frontage in Clarkston.
      0 Harding Ave Harding Avenue, Clarkston, MI 48346
      View Details
    • $70,000

      Wooded 2.5 Acre Corner Lot

      Private 2.5 acre wooded corner lot in Ortonville, Michigan.
      S Hadley Road, Ortonville Vlg, MI 48348
      View Details
    • $740,621
      1,394 SF

      Commercial Land Rezoning in Progress

      Commercial land undergoing rezoning process.
      7165 SASHABAW Road, Village Of Clarkston City, MI 48348
      View Details
    • $199,500
      1 SF

      Vacant Land in Design-Tech Park

      1.203 acre vacant lot suitable for office, medical, retail.
      7407 M E Cad Blvd, Clarkston, MI 48348
      View Details
    • $169,900
      1,569 SF

      Commercial Lot on Busy Road

      Commercial lot and vacant building on a major road.
      8774 Dixie Hwy, Clarkston, MI
      View Details

    FAQs

    What type of property is this?
    Commercial land - Exceptional location ideal for retail, fast food, and offices.
    Where is this commercial land located?
    The property is located at Dixie Hwy Clarkston, MI.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: Exceptional location directly on I‑75 Interstate.; Zoned C‑1, ideal for retail, fast food, and offices.; High traffic count: Average 50,000 cars.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Wilson Lahoud
    Real Estate License ID: MI
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Dixie Hwy, Clarkston, MI 48346
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!