$799,000
8815 E HOLLY Road Holly, MI 48442
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$799,000
Est. payment /mo
4.51 Acres Lot
UPDATED:
11/06/2024 08:49 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Municipality Springfield Twp
Subdivision Springfield Twp
MLS Listing ID 20240081479
Originating Board Realcomp
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 Oakland County - 70
Zoning Commercial
Direction On the northwest corner of Tindall & East Holly Rd
Exterior
Waterfront No
View Y/N No
Others
Tax ID 0705226007
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Wentworth Real Estate Group
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