0 Martin Pkwy, Commerce Charter Township, MI 48390
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.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.