Property profile

000 Walton Blvd Rochester Hills, MI 48309

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 2.3-acre parcel in desirable Rochester Hills, Michigan, presents a unique opportunity for residential development. Priced at $799,900, this property comprises three contiguous parcels (1516202005, 1516202020, and 1516202021) offering ample space for the construction of three, or potentially four, homes. The expansive lot boasts multiple walkout possibilities, taking advantage of its generous size and strategic location. Situated in the highly sought-after Rochester School District, this location provides convenient access to top-rated schools. Furthermore, its proximity to Ascension Hospital and Oakland University adds to its appeal. Residents will enjoy easy access to nearby parks, golf courses, and the vibrant shopping and dining scene of Rochester. City water and sewer are readily available. The property features frontage on three streets, enhancing its development potential. Importantly, all three parcels are being sold together; they will not be sold separately. This is a rare opportunity to acquire a substantial residential land holding in a prime location.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

000 Walton Blvd Rochester Hills, MI 48309
Rochester Hills metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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