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Financial
Distress signals
Property profile

7001 Highland Rd White Lake, MI 48383

FOR SALE
Banks
Property ID
US43-1412390
2,400 SF 2.09 ac lot Built 1973
Last sale Oct 2023 · $442,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,400 square foot retail property, located at 7001 Highland Road in White Lake Charter Township, Oakland County, Michigan, presents a compelling investment opportunity. The former bank building, built in 1973, sits on a generous 2.07-acre lot and boasts 24 private parking spaces, complemented by an existing drive-thru. Its prime location on Highland Road ensures high visibility and accessibility. The property is zoned GB (General Business District), offering flexibility for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$246k
Effective rate5.21%

Value estimate

· Oct 2026
$505k
$455k – $556k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 6.08% cap applied$26k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6.08%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GB
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency17.9
Building Supply14.7
Law Firm12.3

Location

7001 Highland Rd White Lake, MI 48383
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 11 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6785 Highland, White Lake, MI 48383-2844 $333,900 Oct 2024 5,564 SF
6360 Highland, White Lake, MI 48383-2835 $2,300,000 Oct 2024 4,029 SF
7505 Highland, White Lake, MI 48383-2938 $380,000 Dec 2018 2,584 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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