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Property profile & analytics
OFF-MARKET
Land

M-59 Highland Rd Highland Charter Township, MI 48383

10.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.12-acre property, located at the intersection of Highland Rd (M-59) and Tipsico Lake Rd in Hartland, Michigan, presents a unique investment opportunity. The land boasts a prime location with approximately 24,000-30,000 vehicles per day on the busy Highland Rd, offering significant visibility and accessibility. The property features a 600-foot frontage on M-59. The permitted zoning is NSC & CA Residential, allowing for diverse development possibilities. This parcel (APN 08-24-400-041) is currently owner-occupied. The property's strategic location offers significant potential for commercial development, given its high traffic count and visibility. Furthermore, there's an opportunity to expand the land holdings by combining this 10.12-acre parcel with three contiguous parcels (08-24-400-038, 039, 040) totaling 2.03 acres, creating a potential 12.15 acres of buildable land on M-59. The combined parcels would offer a hard corner location at the intersection of M-59 and Tipsico Lake Rd, with commercial zoning on that corner. This property is ideal for developers seeking a high-traffic location with multiple development options. The asking price for this significant land parcel is $750,000.

Property profile
Verified
Property type Land
Lot 10.12 ac (440,827 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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