4.51 acres | #20240081479
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.
Property Details
- Property SubtypeImprovedLand
- MLS #20240081479
- MLS #20240081479
- Parcel Number0705226007
- Lot FeaturesEasement
- Lot DescriptionEasement
- Original List Price$799,000
- Sewer InformationUnknown
- CountyOakland
- Taxes Annual$8,322
- Cost799000
- School DistrictHolly
- Acres4.51
- Days on Market (Cumulative)172
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Jaclynn D Sparre (#405629), Email: JackieSparre@JohnWentworthGroup.
Listing Office: Wentworth Real Estate Group (#411906)
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