Property profile

of Sashabaw Rd City Of The Vlg City of the Village of Clarkston, MI 48348

OFF-MARKET
Land
7.21 ac lot
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Property summary

AI-generated overview

This exceptional 7.21-acre commercial land parcel in Oakland County, Michigan, presents a significant investment opportunity. Located on Sashabaw Road in the City of the Village of Clarkston (zip code 48348), this property boasts a strategic position along a heavily traveled corridor extending north from I-75 to the Pine Knob Music Theater. The land is zoned OS-2 and PUD, permitting a diverse range of development options, including office, medical, hotel, retail, and senior housing. With 5.46 buildable acres, this site offers considerable flexibility for developers. The property's proximity to established businesses and amenities further enhances its appeal. A 148-unit senior living facility is located just a half-mile to the north, and numerous commercial and retail establishments are situated to the west and south. The Village of Clarkston itself is conveniently located a half-mile to the south on Sashabaw Road. The asking price is $1,900,000, translating to $263,522.89 per acre. The property's APN is 08-22-101-019

Property profile

Verified
Property type Land
Lot 7.21 ac (314,068 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 Sashabaw Rd City Of The Vlg City of the Village of Clarkston, MI 48348
City of the Village of Clarkston 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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