0 Lakeville And Rochester Rd, Leonard, MI 48367
This exceptional 32.5-acre parcel presents a unique investment opportunity in Oakland County, Michigan. Located at the intersection of Lakeville and Rochester Roads in Addison, MI, 48367, this property boasts a prime location with a resort-like atmosphere. Its strategic zoning allows for diverse development possibilities. The land is divided into three distinct zones: a 13.5-acre Multiple Dwelling-residential (M-d) zone, a 6.5-acre C-1 Commercial zone, and a 12.5-acre residential zone. This versatile zoning provides flexibility for a range of commercial and residential projects. The property's proximity to a public boat launch and nearby restaurants and bars adds significant appeal. The asking price for this expansive land is $999,000. With its size, zoning, and desirable location, this property offers substantial potential for developers and investors seeking a high-impact project in a thriving area. The property's latitude and longitude coordinates are 42.8214054, -83.1502699 respectively. 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
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.