0 Kennett Rd Waterford Township, MI 48328
This exceptional 2.5-acre commercial land parcel presents a prime retail investment opportunity in the thriving Waterford Township, Michigan market. Strategically located at the intersection of Dixie Highway and West Kennett Road, this property boasts high visibility and excellent accessibility, ensuring significant exposure to a substantial customer base. The asking price is $762,300. The property's location within a densely populated area, coupled with its proximity to major thoroughfares, guarantees a steady stream of potential customers. This makes it ideal for a variety of commercial developments, including retail stores, restaurants, or service businesses. The site benefits from its established and successful neighboring businesses, which include prominent national chains such as Aldi, Burger King, and McDonald's, as well as several service stations. This strong commercial presence creates a synergistic environment, attracting significant foot traffic and enhancing the overall appeal of the property. The 2.5-acre lot size provides ample space for a substantial development, allowing for flexibility in design and functionality. The property is zoned for commercial use within Oakland County, Michigan, and the zip code is 48328. This location offers easy access to major transportation routes, making it convenient for both employees and customers. This is a rare opportunity to acquire a highly desirable commercial land parcel in a prime location with significant growth potential. Serious inquiries are encouraged.
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
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.