7001 Highland Rd, White Lake, MI 48383
For Sale
1 / 8
This exceptional 2,400 square foot retail property, located at 7001 Highland Road in White Lake Charter Township, Oakland County, Michigan, presents a compelling investment opportunity. The former bank building, built in 1973, sits on a generous 2.07-acre lot and boasts 24 private parking spaces, complemented by an existing drive-thru. Its prime location on Highland Road ensures high visibility and accessibility. The property is zoned GB (General Business District), offering flexibility for redevelopment. Concept plans illustrate potential for expansion of the existing structure or the creation of two new retail or office buildings on the site. The asking price is $699,000, translating to $331.25 per square foot. The property's APN is 12-21-100-046 and the zip code is 48383. This is an ideal location for a variety of commercial uses, offering significant potential for growth and return on investment. The property's size and zoning provide ample room for creative redevelopment, catering to a range of business needs. This unique offering combines a desirable location with substantial land and building space, making it an attractive prospect for discerning investors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
GB · White Lake, MIWhite Lake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.