8285 Highland Rd, White Lake, MI 48386-2015
This exceptional 18,000 square foot property, situated on a 6.32-acre lot in White Lake, Michigan, presents a compelling redevelopment or mixed-use investment opportunity. Located on Highland Road, a high-traffic thoroughfare boasting over 38,000 vehicles daily and 487 feet of frontage, this property offers unparalleled visibility and accessibility. The existing structures include a retail/showroom building with a bay door and a separate garage featuring six bay doors. A fenced lot provides additional space, further enhanced by available special use permits for outdoor storage. The property's zoning is General Business, allowing for a diverse range of commercial uses. Its strategic location is surrounded by established national retailers and a thriving residential community, with over 6,575 households within a two-mile radius. This translates to a substantial customer base and significant growth potential. The property is currently vacant, offering immediate occupancy for a new owner or tenant. The asking price is $3,250,000, representing a price per square foot of $180.56. The property's versatility, prime location, and substantial size make it an ideal investment for a variety of commercial ventures. The Oakland County location and the 12-13-455-024 APN provide further identification.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.