Property profile

0 Of Martin Pkwy Commerce Charter Township, MI 48390

OFF-MARKET
Retail properties & Spaces
8.32 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 8.32-acre industrial land parcel in Commerce Charter Township, Oakland County, Michigan, presents a compelling investment opportunity. Located on the south side of Oakley Park Road, east of Martin Parkway, this property boasts 740 feet of frontage and convenient access to all utilities. The site's zoning, TLM (Technology and Light Manufacturing), offers considerable flexibility for various development projects. Its strategic location less than a mile from the new Commerce Towne Place development further enhances its appeal. The property includes two APNs: 17-24-201-008 and 17-24-201-009. The asking price is $1,248,000, translating to $150,000 per acre. The potential for inclusion in the Haggerty Road Overlay District expands the range of permissible uses, making this a highly versatile and attractive site for developers seeking a prime location in a thriving area. The property's size and location offer significant potential for future growth and return on investment. This is a rare opportunity to acquire a substantial land parcel in a desirable location with excellent access and development potential. The zip code is 48390.

Property profile

Verified
Property type Retail properties & Spaces
Lot 8.32 ac (362,419 SF)

Cap rate & NOI

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

Location

Of Martin Pkwy Commerce Charter Township, MI 48390
Commerce Charter Township metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Of Martin Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message