2.5 Acres | Prime Development Land

7600 Walnut Lake Rd West Bloomfield, MI 48323

FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,250,000
Last Verified:
Sep 21, 2022

Highlights

  • 2.5 ACRES | IDEAL FOR FUTURE COMMERCIAL DEVELOPMENT
  • NORTHEAST CORNER OF WALNUT LAKE & HAGGERTY ROAD
  • DESIRABLE HIGH TRAFFIC CORNER | 20,000+ VEHICLES PER DAY
  • AFFLUENT WEST BLOOMFIELD | $123,000+ INCOME IN 5-MILE RADIUS
  • EXCELLENT DEMOGRAPHICS | 155,000+ PEOPLE IN 5-MILE RADIUS
  • LOCATED IN OAKLAND COUNTY | ONE OF WEALTHIEST COUNTIES IN US
  • ADJACENT TO NEW ALDI | SUPERMARKET WITH 11,000 STORES
  • ADJACENT TO LAKES URGENT CARE & MEDICAL CENTER
  • MINUTES AWAY FROM WALMART SUPERCENTER & MEIJER
  • SEVERAL NATIONAL RETAILERS IN IMMEDIATE VICINITY INCLUDE: WALMART, LOWE’S, MEIJER, HOME DEPOT, COSTCO, TARGET, KROGER, SHERWIN-WILLIAMS, DOLLAR TREE, WALGREENS AND MORE.
  • 5-MINUTE DRIVE TO HENRY FORD HOSPITAL WB | LEVEL III TRAUMA

Description

2.5 Acres for Sale - Oakland County

Affluent West Bloomfield, MI

Lot Size: 2.5 acres

Map of 7600 Walnut Lake Rd, West Bloomfield, MI, 48323

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.