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    Oakville Waltz Rd Carleton, MI 48164

    • Land
    • 84.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Oakville Waltz Rd

    Lot size
    84.50 lot acres
    Property type
    Land

    Description

    This exceptional 84.5-acre commercial land parcel presents a unique development opportunity in Wayne County, Michigan. Strategically located on Oakville Waltz Road in New Boston, MI 48164 (APN 01-005-006-00), this property boasts convenient access to major transportation arteries. Its proximity to I-275 and a mere 7 miles from the Detroit Metropolitan Airport Exit makes it highly desirable for a variety of commercial ventures. The land is zoned I-1, offering flexibility for various development plans. The property's significant size, coupled with the presence of existing ponds, provides ample space for development and potential incorporation of water features into the landscape design. These ponds could also serve as effective detention areas, streamlining the development process. The surrounding community is known for its business-friendly environment, fostering a supportive atmosphere for new businesses. Offered at $1,500,000 ($17,751.48/acre), this property represents a compelling investment opportunity for discerning developers seeking a prime location with significant potential. Don't miss this chance to acquire a substantial parcel in a thriving area with excellent infrastructure and accessibility.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carleton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4309
    Latitude
    42.0876

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    Oakville Waltz Rd
    Carleton, MI 48164
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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