Property summary
This exceptional 4.26-acre commercial land parcel is strategically located on the west side of Martin Parkway in Commerce Charter Township, Oakland County, Michigan (zip code 48390). Situated just south of Oakley Park and adjacent to the Commerce Town Hall, this property benefits from a high-visibility location surrounded by thriving new residential developments, ensuring a strong customer base. The permitted zoning is Neighborhood Commercial/Office, making it ideal for a variety of uses including retail, office, or medical facilities. All utilities are readily available on-site, simplifying development and reducing upfront costs. The property's ample size offers significant flexibility for building plans, allowing for substantial development potential. Given its prime location, excellent visibility, and versatile zoning, this parcel presents a unique opportunity for investors and developers seeking a high-return investment in a rapidly growing area. The asking price for this exceptional property is $1,750,000. Coordinates: Latitude 42.5612601, Longitude -83.4496616.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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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