$799,000 For Sale

8815 E Holly Road
Holly, MI 48442

lot: 4.51 acres | Residential Lots & Land - MLS# 20240081479
Property Photo
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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.

Features

  • Property Type: Residential Lots & Land
  • Sub Type: Residential Lots & Land
  • Listing Status: Active
  • County/Area: Oakland County
  • Zip Code: 48442
  • Subdivision/Neighborhood: Springfield Twp
  • School District: Holly
  • Lot Size: 4.51 acres
  • Directions: On the northwest corner of Tindall & East Holly Rd
  • List Price Acre: 177161.86
  • Lot Size Area: 4.51
  • Lot Size Square Feet: 196455.6
  • Lot Size Units: Acres
  • MLS Area Major: Oakland County - 70
  • MLS Area Minor: Oakland County - 70
  • Main Type: Land
  • Parcel Number: 0705226007
  • Road Frontage: 724
  • Street Type: Paved
  • Tax Annual Amount: 8322.13
  • Tax 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 degree
  • Township: Springfield Twp
Courtesy of Jaclynn D Sparre, Wentworth Real Estate Group
Source: Michigan Regional Information Center (MichRIC)
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