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    Property profile & analytics
    OFF-MARKET Estimated value $1,550,000
    Warehouses

    8285 Highland Rd, White Lake, MI 48386-2015

    14,290 SF 6.2 ac lot Built 1980
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US43-5090577
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1980
    Total area 14,290 SF
    Lot 6.2 ac (270,072 SF)
    APN Y -12-13-455-024
    UPID US43-5090577
    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
    $1.72M
    Blend (final) Blend
    $1.55M
    Owner & transaction history
    Rj Investments White Lake LLC · 2 yrs held
    Rj Investments White Lake LLC
    since 2024
    6 recorded transactions
    2024
    2022
    2021
    2008
    $20,000
    2008
    $1.5M
    2008
    $800,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.5M +130.7%
    Restaurant $2.5M +126.7%
    Retail stores $2.4M +121.0%
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