Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
LI · Brighton, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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