8245 Wise Road

Vacant Land for Sale
Also listed as Retail-Commercial, Special Purpose
Catylist Listing ID: 30740102
Property Subtypes: Retail, Other
Gross Land Area: 3.16 Acres
Sale Price: $2,200,000
Unit Price: $696,202 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Hard signalized corner with approximately 3.16 acres located at Union Lake Road and Wise Road. Potential redevelopment ideal for mixed-retail use, market/grocer, service station, car wash and more. Zoned B-2 for commercial use. Excellent visibility, high daytime population, high traffic counts, and dense residential population in growing Commerce Township.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $12,468 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 17-01-451-003
Zoning: B-2
Property Located Between: Union Lake Rd.
Traffic/Vehicle Count: 30,902
Available Utilities: Water, Gas, Sewer, Storm Drain

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,089 57,063 169,996
Median Age: 41.07 40.7 41.24
Households: 2,349 21,098 65,795
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