0 Nec Of Williams Lk Rd & Airport Rd Waterford Township, MI 48329
This exceptional 4.6-acre commercial land parcel presents a unique investment opportunity in Waterford Township, Michigan. Located at the northeast corner of Williams Lake Road and Airport Road, this property boasts significant frontage on both major thoroughfares – approximately 400 feet on Williams Lake Road and 500 feet on Airport Road, ensuring high visibility and accessibility. The property's strategic location offers excellent exposure to substantial traffic volume, making it ideal for a variety of commercial ventures. Currently zoned M-1 (Light Industrial), this versatile site allows for a range of development possibilities. The Waterford Township government is open to considering commercial use proposals for this prominent corner lot, providing flexibility for potential buyers. The parcel's size and location make it suitable for a wide array of businesses seeking a high-traffic, easily accessible location. The asking price for this exceptional property is $430,000. The Oakland County Assessor's Parcel Number (APN) is 13-04-351-005. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Michigan community. Don't miss out on this chance to secure a prime location for your next business venture.
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.