Property profile

10087 Highland Rd Howell, MI 48843

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

AI-generated overview

This exceptional 1.54-acre commercial land parcel presents a prime ground lease opportunity in the thriving Hartland, Michigan submarket. Ideally situated at the intersection of US 23 and M-59, this Class A property enjoys unparalleled visibility and accessibility, benefiting from its location adjacent to major retail anchors such as Kroger, CVS, Target, and Chase Bank. The site features a single, one-story building with 57 total parking spaces, ensuring ample convenience for customers and employees. Zoned General Commercial (GC), this versatile property allows for a wide range of permitted uses, catering to the diverse needs of modern businesses seeking a high-traffic location in a bustling area of Metro Detroit. The property's location within the established Hartland commercial corridor guarantees significant exposure to a large and affluent customer base. This is an exceptional opportunity for businesses seeking a strategic location with high visibility and convenient access to major roadways and established retail centers. The ample parking ensures ease of access for customers and employees, while the flexible zoning allows for a variety of commercial uses. This property is ready for development and represents a significant investment opportunity in a rapidly growing area. The APN is 42.634739, -83.752407. This is a multiple tenancy property.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.54 ac (67,082 SF)

Cap rate & NOI

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

Location

10087 Highland Rd Howell, MI 48843
Howell 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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