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.
General Information
Sale Price: $799,000
Price/SqFt:
Status: Active
MLS#: 20240081479
City: springfield twp
Post Office: holly
Schools: holly
County: Oakland
Acres: 4.51
Lot Dimensions: 724x293x616x312
Size:
Acreage: 4.51 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $7,790 Est. Winter Taxes: $532
Legal Description: Part of the Northeast 1/4 of Section 5, Town 4 North, Range 8 East, Springfield Township, Oakland County, Michigan, described as beginning at a point located North 02 degrees 01 minutes 35 seconds West 294.12 feet from the East 1/4 corner of Section 5, thence North 71 degrees 41 minutes 35 seconds West 725 feet, thence North 18 degrees 18 minutes 25 seconds East 293.01 feet, thence South 71 degrees 41 minutes 35 seconds East 616.42 feet, thence South 02 degrees 01 minutes 35 seconds East 312.47 feet to the point of beginning.
