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    OFF-MARKET
    Industrial land

    7202 Whitmore Lk Rd, Brighton, MI 48116-8558

    9.77 ac lot
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1831637
    Property summary
    AI-generated overview

    This exceptional 10-acre commercial land parcel, located at 7202 Whitmore Lake Road in Brighton, Michigan, presents a unique investment opportunity. Zoned LI (Light Industrial), this property offers significant potential for various commercial ventures. The asking price is $2,500,000, translating to $250,000 per acre, reflecting the land's high value and strategic location. The parcel's APN is 16-08-100-022. Situated in Livingston County, with a 48116 zip code, this site boasts excellent visibility from US-23, ensuring high traffic exposure for any developed business. Easy freeway access further enhances its appeal, providing convenient transportation links. The property's proximity to a regional shopping mall adds to its desirability, offering potential synergy and increased customer traffic. Furthermore, there's the possibility of assembling up to 34 acres of contiguous land, presenting opportunities for large-scale development projects. This versatile property is suitable for a range of commercial, office, or industrial uses, making it an attractive proposition for developers and investors seeking a prime location in a thriving Michigan market. The property is currently listed for sale.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 9.77 ac (425,581 SF)
    Zoning code LI
    APN 16-08-100-022
    UPID US43-1831637
    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
    Barton-clausnitzer LLC
    Barton-clausnitzer LLC
    1 recorded transaction
    1969
    Zoning & alternative use
    LI · Brighton, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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