Property profile

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

OFF-MARKET
Land
0.53 ac lot
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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

Location

Un Lk & Elizabeth Lk White Lake charter Township, MI 48386
White Lake charter Township metro
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Value estimations

Realmo proprietary · 4 methods
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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
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