000 Walton Blvd, Rochester Hills, MI 48309
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.
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.