of Sashabaw Rd City Of The Vlg, City of the Village of Clarkston, MI 48348
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.