You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Office buildings

1600 S Milford Rd Highland, MI 48357

1,248 SF 0.74 ac lot Built 1968
Entity Owned 24-yr Hold Free & Clear
Property ID
US43-1012917
Property summary
AI-generated overview

This exceptional Highland, MI property presents a unique investment opportunity. Situated on a sizable 0.74-acre lot, the existing 1,400 square foot building currently functions as an owner-occupied office, though it's a cozy farmhouse style structure. While the existing building is functional, its primary value lies in the significant land potential. The property's location in Highland offers excellent accessibility and visibility, making it highly attractive for a variety of commercial uses. This presents a prime chance for redevelopment or repurposing, allowing for the creation of a modern industrial space tailored to specific business needs. The substantial lot size provides ample room for expansion or the construction of a new building, offering significant flexibility for future development plans. Investors and developers seeking a strategic location with considerable land area will find this property particularly compelling. The existing structure could be renovated, repurposed, or demolished to make way for a new construction project, depending on the buyer's vision. This property is priced competitively at $450,000, reflecting the significant upside potential inherent in its location and land size. Serious inquiries are encouraged.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1968
Total area 1,248 SF
Lot 0.74 ac (32,234 SF)
Zoning code BI
APN H -11-27-351-009
UPID US43-1012917
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Emery Linden LLC · 24 yrs held
Emery Linden LLC
since 2001
3 recorded transactions
2001
$215,000
2001
$255,000
1969
Price N/A
Zoning & alternative use
BI · Highland, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message