M-59 Of Bogie Lk Rd White Lake charter Township, MI 48383
This exceptional 1.16-acre commercial land parcel presents a unique investment opportunity in White Lake Charter Township, Oakland County, Michigan. Located on the south side of M-59, just west of Bogie Lake Road, this property boasts unparalleled visibility and accessibility. The lot is zoned for commercial use, providing flexibility for a variety of development options. The asking price is $300,000, translating to approximately $258,620 per acre. A significant advantage is the existing billboard on the property, which has a remaining lease term of 19 years, generating a consistent monthly income of $1,666. The property's APN is 12-20-151-008. This location in the 48383 zip code offers easy access to major transportation routes and a thriving local community. The high traffic volume on M-59 ensures significant exposure for any business established on this site. The combination of prime location, commercial zoning, and existing income-generating asset makes this a compelling investment opportunity for discerning buyers seeking high visibility and strong return potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.