7285 Whitmore Lake Rd Whitmore Lake, MI 48189
This exceptional 3-acre commercial land parcel is ideally situated on the hard corner of North Territorial and Whitmore Lake Roads in Washtenaw County, Michigan. Located just north of Ann Arbor and conveniently close to US 23/North Territorial exit, this property offers unparalleled visibility and accessibility. The site boasts existing sewer and water utilities. Zoned for Commercial use, the Township Master Plan designates this area for Commercial/Multifamily Mixed Use development. Potential uses include senior living facilities (assisted care, independent living), fast food establishments, car washes, and drive-through businesses. The property benefits from its proximity to the new Chestnut Hills/Chestnut Village community, a thriving development featuring 208 luxury ranch apartments and 57 single-family homes. While property line images are estimates, this location presents a significant opportunity for investors and developers. An adjacent 8-acre parcel is also available for purchase. The property's APN is 0219100006. The asking price is $1,500,000, representing a price per acre of $500,000. The address is 7285 Whitmore Lake Rd, Whitmore Lake, MI 48189.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.