Property summary
This exceptional 3.3-acre industrial land parcel presents a unique investment opportunity in Walled Lake, Michigan. Located on Easy Street, north of Maple Road, between Decker and Welch Roads, this property boasts convenient access to Pontiac Trail and M-5, as well as Maple and M-5, ensuring seamless transportation and logistics. The land is zoned I-1 (Limited Industrial District), permitting a variety of uses, including marijuana cultivation, processing, laboratory operations, and transportation. Adding to its appeal, a current tenant leases the front portion for $1,000 per month, storing construction equipment. This existing income stream can be transferred to the new owner, providing immediate return on investment. The parcel's assessed property number (APN) is 17-26-453-008. The asking price is $554,400, translating to $168,000 per acre. This represents a compelling opportunity for investors seeking a strategically located industrial site with diverse potential applications and a current income-generating tenant. The property is situated in Oakland County, Michigan, with a zip code of 48390. This prime location offers excellent visibility and accessibility, making it an ideal choice for a wide range of industrial ventures. Don't miss this chance to acquire a valuable asset in a thriving Michigan market.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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