6431 Whitmore Lake Rd, Whitmore Lake, MI 48189
This exceptional 11.75-acre industrial property in Whitmore Lake, Michigan, presents a unique investment opportunity. Located at 6431 Whitmore Lake Road, the land boasts convenient access to US-23, offering excellent transportation links. The property is zoned for industrial use, with the possibility of overlay zoning, expanding development potential. Sanitary sewer service is available on-site. The property includes existing structures that could be repurposed or renovated, adding significant value. These structures comprise a 7,000 sq ft riding stable, a 1,900 sq ft house, and two additional outbuildings totaling approximately 2,000 sq ft. The asking price for the entire 11.75-acre parcel is $1,400,000. However, the owner is open to selling smaller parcels at a price of $150,000 per acre, providing flexibility for various investment strategies. The property's APN is 02-29-200-010, 02-29-200-009, and is situated in Washtenaw County, Michigan, zip code 48189. This prime location and versatile existing buildings make this an attractive proposition for developers, investors, and businesses seeking a strategic foothold in a rapidly growing area. The property offers significant potential for a wide range of industrial uses, making it a compelling investment opportunity.
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.