Property summary
This exceptional investment opportunity presents approximately 2.79 acres of vacant land strategically located along Union Lake Road in White Lake Charter Township, Oakland County, Michigan (zip code 48386). The property, encompassing two parcels totaling 2.79 acres (ranging from 0.53 to 2.26 acres individually), offers significant potential for various commercial ventures. Its prime location provides excellent visibility and accessibility from Union Lake Road, ensuring high traffic exposure. The land is zoned LB, and its proximity to a dense residential community, coupled with its location near several schools, makes it particularly attractive for businesses catering to local needs. Within a two-mile radius, several national retailers operate, including Kroger, JCPenney, and Marshall's, further highlighting the area's strong commercial activity and consumer base. This presents an excellent opportunity for developers seeking to establish a daycare facility, medical office, or other neighborhood service businesses. The property's versatility and strategic location make it a compelling investment opportunity in a thriving Michigan community. The asking price is $549,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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