$799,000
8815 E HOLLY Road Holly, MI 48442
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$799,000
Est. payment /mo
4.51 Acres Lot
Active
8815 E HOLLY Road Holly, MI 48442
UPDATED:
11/06/2024 09:08 PM
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60351343
Style Vacant Land
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 (63071)
Zoning Commercial
Exterior
Waterfront No
Building
Lot Description Easement
Schools
School District Holly Area School District
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Wentworth Real Estate Group
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