0 Highland Rd Waterford Township, MI 48327
This exceptional 53-acre commercial land parcel presents a unique investment opportunity in Waterford Township, Michigan. Strategically located at the southwest corner of Highland Road (M-59) and Hospital Road, this property boasts unparalleled visibility and accessibility. The site comprises four contiguous parcels (APN: 13-19-200-056, 13-19-200-055, 13-19-200-050 & 13-19-200-053), offering significant development potential. Its prime location directly fronts Highland Road (M-59), a major thoroughfare, ensuring high traffic exposure. The property's proximity to Oakland County Airport further enhances its desirability. The land is zoned O-2 General Office, allowing for a wide range of commercial development possibilities. All necessary utilities are readily available, simplifying the development process. With its substantial size, strategic location, and versatile zoning, this property is ideally suited for a variety of commercial ventures. The asking price is $2,350,000. This is a rare opportunity to acquire a significant land holding in a thriving Oakland County location. Don't miss out on this exceptional investment prospect.
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
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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.