Property profile

1215 Decker Rd Walled Lake, MI 48390

FOR SALE
Industrial land
Property ID
US43-1099271
8.59 ac lot
Individually Owned 12-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 8.59-acre parcel of commercially zoned industrial land presents a remarkable development opportunity in Walled Lake, Michigan. Located at 1215 Decker, this property boasts convenient access to major thoroughfares, including M5, I-696, I-96, and I-275, ensuring seamless transportation and logistics. The site is designated for industrial use, providing flexibility for a wide range of development projects. The expansive acreage offers ample space for construction of substantial industrial facilities, warehouses, or distribution centers. Given its strategic location and zoning, this land is ideally suited for businesses seeking efficient access to regional transportation networks and a strong workforce. The seller is open to build-to-suit options, offering potential buyers a streamlined path to realizing their development vision. This is a rare opportunity to acquire a significant tract of land in a thriving industrial area, poised for significant growth and return on investment. The property's address is 1215 Decker, Walled Lake, MI 48390. Its geographical coordinates are latitude 42.5423929 and longitude -83.470726.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 8.59 ac (374,180 SF)
Zoning code IV
APN 92-17-26-376-172
UPID US43-1099271

Cap rate & NOI

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

Location

1215 Decker Rd Walled Lake, MI 48390
Walled Lake metro Census 134700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2013
4 recorded transactions
2013
$120,000
2007
$380,400
2007
Price N/A
2005
$350,000

Zoning & alternative use

IV · Walled Lake, MI

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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