Property profile

7795 Highland Rd White Lake, MI 48383

FOR SALE
Land
Property ID
US43-4431076
1,194 SF 4.9 ac lot
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Property summary

AI-generated overview

This exceptional 4.9-acre property, located at 7795 Highland Rd in White Lake Charter Township, Oakland County, Michigan (48383), presents a unique investment opportunity. Boasting approximately 165 feet of road frontage on M-59/Highland Rd, this commercially and residentially zoned land offers unparalleled visibility and accessibility. Situated across from a vibrant retail corridor anchored by major brands such as Kroger, Hobby Lobby, Ulta, and JCPenny, this location benefits from high traffic counts and established consumer demographics. The property currently features a home, and the expansive lot size (213,444 square feet, or approximately 165' x 1260' x 165' x 1260') allows for diverse development possibilities. The existing structure is a brick and wood construction with an asphalt roof, crawl space foundation, and forced-air heating. Utilities include natural gas, and water access is available via a private well and public water at the street. A septic system is in place. Cable TV is available. The property's strategic location is further enhanced by significant ongoing development in the immediate vicinity, including a 53-acre project across the street. This presents a compelling opportunity for developers seeking to capitalize on the area's growth trajectory. The asking price is $999,000. The property is privately owned.

Property profile

Verified
Property type Land
Total area 1,194 SF
Lot 4.9 ac (213,444 SF)
UPID US43-4431076

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7795 Highland Rd White Lake, MI 48383
White Lake metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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