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    588 Lapeer Rd Oxford, MI 48371

    Sponsored
    For Sale
    $1,950,000

    6,054 SF Flex Space, Owner/User Opportunity

    Property size:
    6,054 SF

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    349
    This exceptional 6,054-square-foot flex space in Oxford, Michigan, presents a unique owner-user opportunity. Located at 588 S Lapeer Rd, this single-story, 1985-built building sits on a 0.64-acre lot and boasts 90 feet of frontage on Lapeer Road. The property features a mix of office and warehouse space, with approximately 500 square feet dedicated to offices. The warehouse area offers impressive 15-foot ceilings and three overhead doors—two on the Lapeer Road side (14ft and 10ft tall) and one 14ft tall door at the rear. The building is zoned C-1 Commercial, providing flexibility for various uses. The rear yard is fenced for added security and convenience. This property is priced at $1,950,000 and offers a compelling blend of office and warehouse space, ideal for a business seeking a versatile and strategically located facility. The building's features include a steel structure and ample space for storage and operations. This is a rare opportunity to acquire a well-maintained property in a desirable location.

    Property Features for 588 Lapeer Rd

    General Information

    Property type
    Flex space
    Square Feet
    6,054 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    HighLights

    • $1,950,000 asking price for this owner‑user investment opportunity.
    • 6,054 square feet of flex space in a single‑story, 1985‑built industrial building.
    • Located on a 0.64‑acre lot in Oxford, MI, with 90 feet of frontage on Lapeer Road.
    • Features three overhead doors, one 14' high and two 10' high (one 14' door in rear with 15' ceilings), and approximately 500 square feet of office space.
    • Zoned C‑1 Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    FasTrac Motorcycle Parts Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2576853
    Latitude
    42.8161925

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    FAQs

    What type of property is this?
    Flex space - 6,054 SF Flex Space, Owner/User Opportunity
    Where is this flex space located?
    The property is located at 588 Lapeer Rd Oxford, MI.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: $1,950,000 asking price for this owner-user investment opportunity.; 6,054 square feet of flex space in a single-story, 1985-built industrial building.; Located on a 0.64-acre lot in Oxford, MI, with 90 feet of frontage on Lapeer Road.
    Request Owner's contact information
    588 Lapeer Rd Oxford, MI 48371
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    Oxford, MI 48371
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    588 Lapeer Rd Oxford, MI 48371
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