8285 Highland RdWhite Lake, MI 48386
- Industrial properties
- 14,290 SF
Property Details for 8285 Highland Rd
- Year built
- 1980
- Lot size
- 6.20 AC
- Property size (Sq ft)
- 14,290 SF
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- Y -12-13-455-024
- APU
- Y1213455024
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,800,045
- Hospitality
- $2,564,826
- Educational
- $2,133,905
- Medical
- $2,207,293
- Retail
- $3,319,408
Location Insight
- City
- White Lake
- County
- Oakland
- State
- Michigan
- Latitude
- 42.6586
- Longitude
- -83.45
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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