1435 Hospital Rd Waterford Township, MI 48327
- Commercial real estate
- 1.38 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1435 Hospital Rd
- Lot size
- 1.38 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.38-acre commercial land parcel presents a unique investment opportunity in Waterford Township, Michigan. Located at 1435 S Hospital Rd, 48327, this property boasts a highly desirable R-1 zoning designation, opening doors to a variety of development possibilities. The site enjoys excellent visibility and accessibility, situated in the northeast quadrant of the intersection of Cooley Lake Road (17,200 cars per day) and South Hospital Road (9,200 cars per day), ensuring high traffic exposure for any future business. Adding to its appeal, Oakland Community College, with its approximately 3,000 students, is conveniently located less than half a mile away, creating a strong potential customer base. The surrounding area demonstrates robust demographics, with average household incomes exceeding $98,000 within a one-mile radius, indicating a high concentration of affluent residents. This prime location, combined with its size and zoning, makes this property an ideal canvas for a diverse range of commercial ventures. The asking price for this exceptional opportunity is $200,000. Don't miss out on this chance to acquire a valuable piece of commercial real estate in a thriving Michigan community.
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
- Waterford Township
- County
- Oakland
- State
- Michigan
- Longitude
- -83.4220519
- Latitude
- 42.6165019
