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Property profile & analytics
OFF-MARKET
Land

and Richardson Un Lk Commerce Charter Township, MI 48382

15.68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.68-acre commercial land parcel presents a remarkable development opportunity in Commerce Charter Township, Oakland County, Michigan. Strategically located at a highly visible, lighted intersection, this property benefits from convenient access to major thoroughfares including the nearby extension of M-5 highway, providing seamless connectivity to I-696, I-96, and I-275. The B-2 Community Business zoning allows for a wide range of commercial uses, maximizing development potential. Situated less than half a mile from the planned Five and Main development, this site is poised to capitalize on the anticipated growth and increased traffic in the area. The expansive lot size offers ample space for a variety of projects, from retail centers and office buildings to restaurants and other commercial ventures. With its prime location, excellent accessibility, and flexible zoning, this property represents a compelling investment opportunity for discerning developers seeking a high-impact location in a thriving Michigan community. The address is Union Lake and Richardson, Commerce Charter Township, MI 48382. The asking price is $5,000,000.

Property profile
Verified
Property type Land
Lot 15.68 ac (683,021 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
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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