Property profile

0 Side Of Martin Pkwy Commerce Charter Township, MI 48390

OFF-MARKET
Retail properties & Spaces
4.26 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Lot 4.26 ac (185,566 SF)

Cap rate & NOI

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

Location

Side Of Martin Pkwy Commerce Charter Township, MI 48390
Commerce Charter Township metro
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Value estimations

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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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