Property profile

1181 Harding Ave Rochester Hills, MI 48307

OFF-MARKET
Specialty properties
Property ID
US43-0788797
5,320 SF
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Property summary

AI-generated overview

This exceptional 5,320 square foot property in Rochester Hills, Michigan, presents a unique investment opportunity. Currently operating as the Good News Detroit Church, the site includes a main church building with seating for 144, three classrooms, an office, a fellowship hall, and a kitchen. An adjacent four-bedroom house with a kitchen and open deck is also included in the sale. Situated on a combined 4.73 acres of land, less than a mile from downtown Rochester, this property boasts a highly desirable location. The R-4 zoning designation allows for a density of 3.4 dwelling units per acre, offering significant redevelopment potential for up to 16 single-family lots. The asking price is $1,200,000, translating to $225.56 per square foot. This presents a compelling opportunity for religious organizations seeking expansion, developers looking for a prime residential redevelopment project, or investors seeking a high-value property in a thriving Michigan community. The property's size and zoning flexibility provide considerable upside potential for future growth and development. The address is 1181 Harding Ave, Rochester Hills, MI 48307, in Oakland County. This is a rare chance to acquire a substantial property with diverse possibilities in a highly sought-after area.

Property profile

Verified
Property type Specialty properties
Total area 5,320 SF
UPID US43-0788797

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1181 Harding Ave Rochester Hills, MI 48307
Rochester Hills metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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