Property profile

of Dixie Hwy Vlg Village of Clarkston, MI 48346

OFF-MARKET
Land
2.89 ac lot
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Property summary

AI-generated overview

This exceptional 2.89-acre commercial land parcel in the Village of Clarkston, Michigan, presents a unique investment opportunity. Strategically located on Dixie Hwy with direct I-75 Interstate access, this property boasts a prime location experiencing high traffic volume, averaging 50,000 cars daily. The property is zoned C-1, allowing for a variety of commercial uses, including retail, fast food establishments, and office spaces. Its advantageous position is further enhanced by its proximity to the Deer Hill Villas new development and an adjacent parcel designated for the future Clarkston Court House by Oakland County. This ensures high visibility and potential for significant growth. The parcel's size (2.89 acres, APN 0819351006) offers flexibility, with the possibility of subdivision. This makes it an ideal site for developers seeking a high-traffic location with excellent visibility and future development potential in a rapidly growing area. The asking price is $599,900. This property offers a rare chance to capitalize on a thriving commercial corridor in Oakland County. Don't miss this opportunity to secure a prime piece of Clarkston real estate.

Property profile

Verified
Property type Land
Lot 2.89 ac (125,888 SF)

Cap rate & NOI

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

Location

of Dixie Hwy Vlg Village of Clarkston, MI 48346
Village of Clarkston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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