0 Un Lk & Elizabeth Lk, White Lake charter Township, MI 48386
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.