3620 Duck Lk Rd Highland, MI 48356-2336
- Retail space
- 2,354 SF
- 0.43 lot acres
Current Use by Public Records
- Retail space
Property Details for 3620 Duck Lk Rd
- Year built
- 1991
- Lot size
- 0.43 lot acres
- Property size
- 2,354 SF
- Zone code
- SI
- Property type
- Retail space
- APN
- H -11-12-402-001
- APU
- H1112402001
Description
This exceptional 2,354 square foot industrial property, situated on a 0.43-acre lot in Highland, MI, at 3620 Duck Lake, presents a unique opportunity for a variety of businesses. The open floor plan offers significant flexibility for customization, allowing tenants to design the space to perfectly suit their operational needs. Whether your business requires a workshop, office space, or a combination of both, this property provides the adaptability to accommodate. The ample parking ensures convenient access for clients and employees, a significant advantage for businesses that receive frequent visitors. Its prime location near local amenities further enhances its appeal, providing easy access to essential services and resources. The property is ideally suited for contractors, building companies, and professional offices such as insurance agencies, CPA firms, or legal practices. This location offers a welcoming and accessible environment for both staff and clients, making it an attractive option for businesses seeking a functional and conveniently located space. The asking price for this versatile commercial property is $300,000. This represents a compelling investment opportunity in a thriving Highland, MI market. Don't miss the chance to secure this exceptional commercial space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $205,000
- 7%
- $185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $210,000
- Mixed-Use
- $170,000
- Hospitality
- $195,000
- Educational
- $210,000
- Residential Income
- $200,000
- Energy
- $220,000
- Income-Based Land
- $210,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Highland
- County
- Oakland
- State
- Michigan
- Longitude
- -83.5746
- Latitude
- 42.6732
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA