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    OFF-MARKET
    Land

    0 Un Lk & Elizabeth Lk, White Lake charter Township, MI 48386

    0.53 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 0.53 ac (23,087 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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