Check Availability
Oakland
401 W Commerce Road
$399,900
Land - For Sale

401 W Commerce Road

Commerce Twp, MI 48382
bedrooms
Studio
bathrooms
0 Bath
$2,104
Estimated Monthly
$0
HOA / Fees
1.53%
Cap Rate

About This Property

Approximately 2.3 total acres of prime commercial land in Village of Commerce. Great frontage on Commerce Road with annual average daily traffic of 17,000 cars.  Property is riverfront between historic Byer's Homestead Farm and Commerce Village Dentists, across from Mill Race Park. Parcel 2 (1.412 acres) and Parcel 3 (.9 acres) to be sold together as one.  Front parcel (17-10-434-012) is 401 W. Commerce and back parcel (17-10-434-013) is not yet addressed.  This land, re-split from previous parcels (17-10-434-003, 17-10-434-004, 17-10-434-005, 17-10-434-006), has been finalized by the township.  Parcel 2 on Commerce Road is zoned B-2 Community Business. Parcel 3 will have access off of Broadway and is currently zoned R-1D.  Contact listing agent and Commerce Township regarding possibilities.  Taxes and SEV to be determined.  All utilities are available.  See listing agent for complete legal descriptions.
Unit Size
-
Days on Market
83 days
Land Size
2.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$140
HOA Dues
-
Year Built
-
Listed By
Last updated: 3 months ago (REALCOMPMI #20240007019)

Price History

Date / Event Date Event Price
Feb 5, 2024 Listed by Keller Williams Commerce $399,999
Listed by Keller Williams Commerce
Approximately 2.3 total acres of prime commercial land in Village of Commerce. Great frontage on Commerce Road with annual average daily traffic of 17,000 cars. Property is riverfront between historic Byer's Homestead Farm and Commerce Village Dentists, across from Mill Race Park. Parcel 2 (1.412 acres) and Parcel 3 (.9 acres) to be sold together as one. Front parcel (17-10-434-012) is 401 W. Commerce and back parcel (17-10-434-013) is not yet addressed. This land, re-split from previous…
Feb 2, 2024 No longer available -
No longer available
Aug 4, 2022 Price Decreased $499,900
↓ $100K (16.7%)
Price Decreased
Jan 26, 2022 Listed by Keller Williams Commerce $600,000
Listed by Keller Williams Commerce
Approximately 2.3 total acres of prime commercial land in Village of Commerce. Great frontage on Commerce Road with annual average daily traffic of 17,000 cars. Property is riverfront between historic Byer's Homestead Farm and Commerce Village Dentists, across from Mill Race Park. Parcel 2 (1.412 acres) and Parcel 3 (.9 acres) to be sold together as one. Front parcel (17-10-434-012) is 401 W. Commerce and back parcel (17-10-434-013) is not yet addressed. This land, re-split from previous…

Property Highlights

With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Standard Land Use Code: Commercial-vacant land
  • Legal Description 1: T2N, R8E, SEC 10 WILLOW SPRING VAC LOTS 8 TO 12 INCL, ALSO PART OF VAC LOTS 13 & 14, PART OF VAC LOTS 29 TO 31 INCL, ALSO ALL

Neighborhood

  • School District Name: Walled Lake Consolidated Schools
  • Census Tract: 134300

Geography

  • District: E
  • Parcel: E -17-10-434-012
  • Meridian: SEC 10 TWN 02N RNG 08E
  • Municipality: COMMERCE TWP
  • Latitude: 42.5905
  • Longitude: -83.4851

    Address

  • Full Address: 401 W Commerce Rd
  • Address - House Number: 401
  • Street Direction: W
  • Address - Street Name: Commerce
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Commerce Township
  • Carrier Code: R023
  • 4-Digit Zip Code: 3922
  • Zip Code: 48382

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $259,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,570

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
100 ft²
$4,000/ft²
$399,999 Feb 5, 2024
-
$140/mo

About Oakland


Similar Homes for Sale

Unit for sale at 401 West Commerce Road, Commerce Twp, MI 48382

$399,999

  • Commercial
  • 100 ft²
401 West Commerce Road, Commerce Twp, MI 48382 Listing by Keith Reynolds

Nearby Rentals

Unit for rent at 1969 Camrose Court, Commerce Twp, MI, 48382

$4,950 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,907 ft²
1969 Camrose Court, Commerce Twp, MI, 48382 Listing by Andrew Karam
Unit for rent at 1019 Glengary, Wolverine Lake, MI, 48390

$1,500 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,200 ft²
1019 Glengary #1019 Glengary, Wolverine Lake, MI, 48390 Listing by Manager
Unit for rent at 3065 S Commerce Rd, WOLVERINE LAKE, MI, 48390

$975 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
3065 S Commerce Rd #3065 S COMMERCE RD - UNIT 11 *, WOLVERINE LAKE, MI, 48390 Listing by ONE11 RESIDENCES - WOLVERINE LAKE


Frequently Asked Questions

When was property at 401 West Commerce Road built and last sold?
The property at 401 West Commerce Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 401 West Commerce Road is $403,899.
What are some comparable homes to 401 West Commerce Road?
Homes that are comparable to 401 West Commerce Road include a land property at 401 West Commerce Road, located in Commerce Twp, MI.

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