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    OFF-MARKET
    Land

    0 Of Highland Rd On Ormond Rd White Lake charter Township, MI 48383

    32 ac lot
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    Property summary
    AI-generated overview

    This exceptional 32-acre commercial land parcel presents a remarkable investment opportunity in White Lake Charter Township, Oakland County, Michigan. Located north of Highland Road on Ormond Road, this property boasts convenient access and water rights to White Lake. The land is zoned R1-B Single Family Residential, offering significant development potential. With an asking price of $850,000, the price per acre is $26,562. The property includes three separate Assessor's Parcel Numbers (APNs): 12-18-251-023, 12-18-400-020, and 12-18-400-021. A conceptual site plan outlining the potential for 18 lots is available for review. This prime location, combined with its substantial size and access to White Lake, makes this a highly desirable property for developers seeking a lucrative project in a sought-after area. The zip code is 48383. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 32 ac (1,393,920 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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