Property profile

815 Milford Milford Milford Charter Township, MI 48381

OFF-MARKET
Retail properties & Spaces
1.71 ac lot
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Property summary

AI-generated overview

This exceptional 1.71-acre property, located at 815 N. Milford Road in Milford Charter Township, Oakland County, Michigan (48381), presents a unique investment opportunity. Currently zoned O-1 (Office District), it allows for a variety of uses, including residential, subject to special conditions. The site boasts 198 feet of frontage along Milford Road and all utilities are available on-site, including municipal water and sanitary sewer. Previously approved for a three-story mixed-use development (office/retail on the first floor and multi-family on the second and third floors), detailed renderings and further information are available upon request. This prime location in the Village of Milford offers significant potential for developers seeking a versatile site with existing approvals. The property's APN is 16-03-453-068. The asking price is $700,000. This is a rare opportunity to acquire a substantial parcel in a thriving Michigan community. Don't miss out on this chance to build your vision.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.71 ac (74,488 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

815 Milford Milford Milford Charter Township, MI 48381
Milford Charter Township metro
Google Maps

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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