Property profile

381 Un Lk Rd White Lake charter Township, MI 48386

OFF-MARKET
Land
2.79 ac lot
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Property summary

AI-generated overview

This exceptional 2.79-acre commercial land parcel is ideally situated on Union Lake Road in White Lake Charter Township, Oakland County, Michigan, offering unparalleled visibility and accessibility. The property, located at 381 Union Lake Rd, zip code 48386, is comprised of two parcels, presenting a unique opportunity for division to accommodate smaller users or development as a single large site. Its strategic location within a densely populated residential area, close to several schools, ensures a strong potential customer base. The site benefits from its proximity to major national retailers, including Kroger, JCPenney, and Marshall's, all within a two-mile radius, further enhancing its commercial viability. This prime location makes it exceptionally well-suited for a variety of uses, including, but not limited to, a daycare center, medical office, or other neighborhood service businesses. The asking price for this exceptional opportunity is $549,000. The property's latitude and longitude coordinates are 42.6358906 and -83.4663661 respectively. Don't miss this chance to acquire a highly desirable commercial property in a thriving Michigan community.

Property profile

Verified
Property type Land
Lot 2.79 ac (121,532 SF)

Cap rate & NOI

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

Location

381 Un Lk Rd White Lake charter Township, MI 48386
White Lake charter Township metro
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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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