$799,000
8815 E HOLLY Road Springfield Twp, MI 48442
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$799,000
Est. payment /mo
4.51 Acres Lot
Active
8815 E HOLLY Road Springfield Twp, MI 48442
UPDATED:
11/06/2024 07:46 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240081479
Originating Board Realcomp II Ltd
Annual Tax Amount $8,322
Lot Size 4.510 Acres
Acres 4.51
Lot Dimensions 724x293x616x312
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 Springfield Twp
Zoning Commercial
Direction On the northwest corner of Tindall & East Holly Rd
Exterior
Road Frontage Paved
Building
Lot Description Easement
Sewer 3rd Party Unknown
Water None
Schools
School District Holly
Others
Tax ID 0705226007
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
©2024 Realcomp II Ltd. Shareholders
Listed by Jaclynn D Sparre of Wentworth Real Estate Group
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