8285 Highland RdWhite Lake, MI 48386

  • Industrial properties
  • 14,290 SF
For Sale
$3,250,000 View listing

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
8285 Highland Rd, White Lake, Michigan

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,424
-
-
$601,650
-
-
-
$1,203,300

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