1700 Milford Rd Highland Charter Township, MI 48357
This exceptional 1.56-acre commercial development site is ideally located at the northwest corner of South Milford Road and Lone Tree Road in Highland Charter Township, Oakland County, Michigan (48357). The property, identified by APN numbers 1127351011 and 1127351012, is a vacant, undeveloped parcel of land zoned C1, presenting a unique opportunity for various commercial ventures. Its prime location offers unparalleled accessibility, situated almost equidistant between downtown Milford and M-59, providing convenient access to major arterial roads. The site's proximity to Milford High School, less than a quarter-mile away, adds to its appeal. The land is completely undeveloped, offering a clean slate for new construction. This presents a significant advantage for developers seeking to build from the ground up, without the added cost and complexity of demolition or renovation. The property's size and zoning allow for the potential development of multi-family housing, further expanding its investment potential. The asking price for this exceptional development opportunity is $475,000. This is a rare chance to acquire a prime commercial parcel in a thriving Michigan community. Serious inquiries are encouraged.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.