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435 W 8 Mile, Whitmore Lake, MI 48189

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For Sale

$3,999,000

19.03 acres

Estimated Payment

$ 22,149 /mo.

6.63% APR for 30 yrs.
$19,841 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 19 acres
    Lot size

Explore this Property

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.
MLS# 50039538

Courtesy Of Coldwell Banker Haynes Real Estate, Inc.

(734) 242-8484

Property Features

  • Architecture Style
    Other
  • Lot Size
    19.03 Acres

Map and Directions

Directions to 435 W 8 Mile, Whitmore Lake, MI 48189
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Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $20,495
  • Property Taxes
    $1,653
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $22,149

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Whitmore Lake Elementary School

Grades KG-6 Public School


Whitmore Lake, MI 48189 0.8 miles
1077 barker rd

352 total students
14:1 Student teacher ratio

Whitmore Lake High School

Grades 7-12 Public School


Whitmore Lake, MI 48189 2.6 miles
7430 whitmore lake rd

301 total students
15:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Livingston Classical Academy 1 miles Public KG-12 B+
Holy Spirit Catholic School 2.4 miles Private PK-8
Kensington Woods Schools 4 miles Public 6-12 B+
William A. Brummer Elementary School 4.4 miles Public KG-5 A-

Livingston Classical Academy

Distance: 1 miles

Type Public

Grades: KG-12

B+

Holy Spirit Catholic School

Distance: 2.4 miles

Type Private

Grades: PK-8

Kensington Woods Schools

Distance: 4 miles

Type Public

Grades: 6-12

B+

William A. Brummer Elementary School

Distance: 4.4 miles

Type Public

Grades: KG-5

A-

Local area information for Whitmore Lake, MI 48189

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Whitmore Lake, MI 48189

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are above the national average.

83° July
Hottest Average Month

16° January
Coldest Average Month
5,700 Total Households in Area
24.7%
of households
have children
27 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Whitmore Lake, MI 48189

Whitmore Lake, MI 48189 has a population of 14,403 people in 5,700 households with a median age of 43 years old.

Up 0.1%
Increase in population
since the year 2010

Population is Trending up
5,709
Total households as of 2010
Up
3.5%

Community Population By Age

Community Population By Ethnicity

White 89%
Hispanic 3%
Black 2%
Asian <1%
Other <1%
Native American <1%

Economics
for Whitmore Lake, MI 48189

392 /sq mi
Population Density
$92,438 /yr
Median Household Income
$350,950
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 83%
  • Work from Home 14%
  • Walk or Bike 2%
  • Public Transit 1%

Occupancy by Type

Owned 4,580 75%
Rented 1,119 18%
Vacant 382 6%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Family & Education Facts
for Whitmore Lake, MI 48189

43 Median Age

Average Household Size

2.5
persons per
household

56.8%

Married Households

Community Population By Education

High School Graduate 28%
Bachelors Degree 24%
Some College 21%
Graduate Degree 16%
Associates Degree 8%
Some High School 3%

Household Family Expenses vs National Average

24.8% of households have children

Weather
for Whitmore Lake, MI 48189

The weather for this area ranges from a high of 83° F in July to a low of 16° F in January

83° July
Hottest Average Month
16° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
30°
Feb
17°
33°
Mar
25°
43°
Apr
36°
57°
May
47°
69°
Jun
56°
79°
Jul
61°
83°
Aug
59°
81°
Sep
52°
74°
Oct
41°
61°
Nov
31°
47°
Dec
21°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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