2753 Milford Rd Highland Charter Township, MI 48357
- Office buildings
- 2,233 SF
Current Use by Public Records
- Office buildings
Property Details for 2753 Milford Rd
- Year built
- 2002
- Property size
- 2,233 SF
- Zone code
- BI
- Property type
- Office buildings
- APN
- H -11-34-327-018
- APU
- H1134327018
Description
This exceptional 0.5-acre commercial land parcel, identified by APN 11-34-327-023 and 11-34-327-024, presents a unique investment opportunity within the established Maverick Park office complex in Highland Charter Township, Michigan. Priced at $399,000, this property is one of three individual pad sites available, offering significant potential for development. The site boasts convenient access to utilities, including water, electricity, gas, sewer, and DSL, ensuring seamless construction and operation. Located at 2753 S Milford Rd, Highland Charter Township, MI 48357 (42.6136316, -83.6140978), this property benefits from its position within the highly-regarded Huron Valley school district, attracting a desirable workforce and contributing to a strong local economy. The 0.5-acre lot size provides ample space for a variety of commercial developments, making it an ideal location for businesses seeking a prominent presence in a thriving community. This is a prime opportunity to acquire a well-situated commercial land parcel ready for immediate development in a desirable Oakland County location. The property's strategic location and readily available utilities make it an attractive proposition for investors and developers alike. Don't miss this chance to secure a piece of this thriving commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $325,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $385,000
- Geo Method
- $380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $415,000
- Mixed-Use
- $420,000
- Hospitality
- $400,000
- Educational
- $410,000
- Residential Income
- $360,000
- Energy
- $305,000
- Income-Based Land
- $360,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Highland
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6136
- Latitude
- 42.6131
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA