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$799,000
Est. payment /mo
4 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240081479
Lot Size 4 Sqft
Property Sub-Type ImprovedLand
Property Description
4.5-acre commercial property with a prime location at the corner of E. Holly Rd and Tindall Rd, conveniently situated between I-75 and Dixie Hwy, providing direct access to I-75 on/off ramps. This property sits at the crossroads of Genesee and Oakland Counties, creating a strategic advantage for businesses looking to serve both markets. The sale includes a long-term Crown Castle lease, expiring in 2053, for the on-site cell tower, delivering $1,777 in monthly rental income, with rent increases every five years based on CPI adjustments. Lease details are available for review upon request. An Enbridge Energy pipeline easement crosses the property, with a right of way in place. The easement and agreement documentation are also available for review. This property presents a unique opportunity for investors seeking a high-visibility location with built-in income and growth potential.
Location
State MI
County Oakland
Area Area02071Springfieldtwp
Exterior
View Y/N No
Building
Lot Description Easement
Sewer Unknown
Water None
Schools
School District Holly
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Jaclynn D Sparre of Wentworth Real Estate Group
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