Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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