140 Elizabeth Lake Rd Pontiac, MI 48341
- Commercial land
- 28.15 lot acres
Current Use by Public Records
- Commercial land
Property Details for 140 Elizabeth Lake Rd
- Lot size
- 28.15 lot acres
- Zone code
- ME
- Property type
- Commercial land
- APN
- 64-14-30-101-005
- APU
- 641430101005
Description
This exceptional 28-acre commercial land parcel presents a unique investment opportunity in Pontiac, Michigan. Located at 140 Elizabeth Lake Road in Oakland County, this property boasts a strategic location, offering unparalleled access to a thriving market. The asking price is $2,800,000, translating to $85,000 per acre. The land is zoned for a diverse range of commercial uses, including industrial, high-tech, retail, and office developments. Its central Oakland County location provides easy access to a substantial consumer base, with over 70,000 homes situated within a five-mile radius. Further enhancing its appeal, this property is situated within an Opportunity Zone, providing potential tax advantages for qualified investors. The property's size and versatility make it ideal for large-scale development projects or strategic land banking. Detailed zoning information and potential development plans are available upon request. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area. The property's address is 140 Elizabeth Lake, Pontiac, MI 48341. Contact us today to learn more about this exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3225
- Latitude
- 42.6455
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
