M-59 And Pontiac Lk Rd Waterford Township, MI 48328
This exceptional 8.213-acre commercial land parcel presents a prime development opportunity in Waterford Township, Michigan. Located at the intersection of M-59 and Pontiac Lake Road, this property boasts significant visibility and accessibility, with approximately 713.43 feet of frontage on the heavily trafficked M-59 highway. The site is zoned for General Business use, allowing for a wide range of development possibilities. All necessary utilities, including water and sewer, are readily available along M-59 directly adjacent to the property, simplifying the development process. A key advantage is the existing Cross Access Agreement with a Lowe's Home Improvement Warehouse, enhancing convenience and potential synergy for future businesses. This strategic location in Oakland County, with a 48328 zip code, offers unparalleled exposure and access to a thriving consumer base. The property's size and zoning make it ideal for build-to-suit projects or larger-scale commercial developments. This is a rare opportunity to acquire a highly desirable commercial site in a rapidly growing area. Don't miss this chance to secure a prominent location for your next venture.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.