Property profile

0 Martin Pkwy Commerce Charter Township, MI 48390

OFF-MARKET
Land
1.5 ac lot
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Property summary

AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a rare development opportunity within the thriving Five & Main lifestyle center in Commerce Charter Township, Michigan. Located in Oakland County, at the intersection of Pontiac Trail and M-5, this outlot boasts excellent visibility and accessibility. The property is zoned R1-B within the Town Center Overlay, offering flexibility for a variety of commercial uses. Infrastructure is already in place, including access roads, water, and sewer, significantly reducing development costs and timelines. The site features frontage along Martin Parkway, ensuring high traffic exposure and convenient access for customers and employees. Owned by the Commerce Township DDA, this parcel represents a unique chance to establish a presence in a dynamic and rapidly growing community. The strategic location within the Five & Main development provides immediate access to a diverse range of amenities and a strong customer base. This is an ideal opportunity for businesses seeking a high-profile location with established infrastructure and significant development potential in a desirable Michigan market. The zip code is 48390. Coordinates are 42.557421223229554 latitude and -83.44921398142317 longitude.

Property profile

Verified
Property type Land
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

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

Location

Martin Pkwy Commerce Charter Township, MI 48390
Commerce 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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