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Property profile & analytics
OFF-MARKET
Land

0 Highland Rd Waterford Township, MI 48327

53 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 53 ac (2,308,680 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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