3 years on rocket

435 W 8 Mile Rd, Whitmore Lake, MI, 48189

$3,999,000

19.03 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #57050039538
Lot Size19.03 Acres
StatusActive

About 435 W 8 Mile Rd

Prime Development Property - 20 Acres Discover an exceptional opportunity with this expansive 20-acre development property, strategically positioned for a multitude of commercial purposes. Ideally suited for e-commerce distribution, retail establishments, big-name brand outlets, and the creation of vibrant shopping centers, this parcel of land holds immense potential. Location is key, and this property boasts an enviable position adjacent to the I-23 freeway at the 8 Mile Rd. South West Corner, precisely at Exit 53. The recent addition of roundabouts to the nearby interchange enhances accessibility, making it even more appealing for potential investors and businesses. Situated conveniently between the thriving communities of Ann Arbor and Brighton, this property benefits from a central location in a high-traffic area, ensuring maximum visibility and accessibility for your future business endeavors. Additionally, the property is thoughtfully zoned as General Commercial, allowing for a wide range of development possibilities. Practicality meets efficiency as all essential utilities are readily available at the site, streamlining the development process and reducing potential hurdles. In summary, this 20-acre gem of a development property represents a golden opportunity for those looking to capitalize on its prime location, versatile zoning, and accessibility, making it a compelling choice for businesses seeking a strategic foothold in this dynamic region. Don't miss the chance to bring your commercial vision to life on this exceptional property.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Haynes R.E. in Monroe
  • Office Phone: (734) 242-8484
  • Listing Agent: Tom Fritz

Lot Features

Lot Information:

  • Lot Size: 19.03 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,999,000
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Housing Market Comparison

See how this home compares to others in Whitmore Lake, MI.

Med. Sold Price

$390K

Med. Price/SqFt

$218

Avg. Days On Market

46

# of Sold Homes

12

435 W 8 Mile Rd vs Whitmore Lake

1302 DAYS ON ROCKET

+1256 Days

$3,999,000

+$3.6M More

KEY TAKEAWAY

This property is $3.6M more than the Median Sold Price in Whitmore Lake, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Southeastern Border Association of REALTORS®
  • MLS Number: #57050039538

Listing Office:

  • Office Name: Coldwell Banker Haynes R.E. in Monroe
  • Office Phone: (734) 242-8484
  • Listing Agent: Tom Fritz

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-111639
6
/10
  • Whitmore Lake Elementary School

  • 1077 Barker Rd

  • 0.85 miles

  • Public District Grades KG-6

school-card-donut-111640
8
/10
  • William A. Brummer Elementary School

  • 9919 N Rushton Rd

  • 4.43 miles

  • Public District Grades KG-5

school-card-donut-111641
9
/10
  • Hawkins Elementary School

  • 8900 Lee Rd

  • 5.47 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,292. The most common annual income of people living in Whitmore Lake, MI is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 435 W 8 Mile Rd

What is the listing price of this property?

The listing price of 435 W 8 Mile Rd property is $3,999,000.

What type of property is this?

The property 435 W 8 Mile Rd is land located in Whitmore Lake, Michigan, 48189.

Is this property for sale now?

Active Listing: 435 W 8 Mile Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 435 W 8 Mile Rd is 19.03 acres.
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Rocket HomesMichiganWashtenaw CountyWhitmore Lake48189435 W 8 Mile Rd

This home is located at 435 W 8 Mile Rd in Whitmore Lake, MI and zip code 48189. This home sits on a 19.03 acre lot. It has been listed on Rocket Homes since April 22, 2021 and is currently priced at $3,999,000.

While more than 2 listings in Whitmore Lake, MI in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below. The median list price of listings available in October 2024 was $390,000, while the average time on the real estate market was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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