3620 Duck Lk RdHighland Charter Township, MI 48356

Property Details for 3620 Duck Lk Rd

Year built

1991

Lot size

0.43 AC

Property size (Sq ft)

2,354 SF

Zone code

SI

Property type

Retail space

APN

H -11-12-402-001

APU

H1112402001

Description

This exceptional 2,354 square foot industrial property, situated on a 0.43-acre lot in Highland, MI, at 3620 Duck Lake, presents a unique opportunity for a variety of businesses. The open floor plan offers significant flexibility for customization, allowing tenants to design the space to perfectly suit their operational needs. Whether your business requires a workshop, office space, or a combination of both, this property provides the adaptability to accommodate. The ample parking ensures convenient access for clients and employees, a significant advantage for businesses that receive frequent visitors. Its prime location near local amenities further enhances its appeal, providing easy access to essential services and resources. The property is ideally suited for contractors, building companies, and professional offices such as insurance agencies, CPA firms, or legal practices. This location offers a welcoming and accessible environment for both staff and clients, making it an attractive option for businesses seeking a functional and conveniently located space. The asking price for this versatile commercial property is $300,000. This represents a compelling investment opportunity in a thriving Highland, MI market. Don't miss the chance to secure this exceptional commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $592,375

  6.5%

  $546,808

  7%

  $507,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $554,887

  Geo Method

  $554,887

• Alternative Use

  Use

  Valuation

  Residential

  $461,253

  Hospitality

  $422,505

  Educational

  $351,519

  Medical

  $363,609

  Retail

  $546,808

Location Insight

City

Highland

County

Oakland

State

Michigan

Latitude

42.6732

Longitude

-83.5746

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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