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Property profile & analytics
OFF-MARKET
Land

0 Oakville Waltz Rd Carleton, MI 48164

84.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 84.5 ac (3,680,820 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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