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    971-983 S Lapeer Rd Oxford, MI 48371

    For Sale
    Contact for pricing

    Single tenant suite available in a well-maintained shopping center.

    Property size:
    11,180 SF
    Lot size:
    3.57 Acres

    Property Features for 971-983 S Lapeer Rd

    General Information

    Size
    11,180 SF
    Lot size
    3.57 Acres

    Source: Encore Real Estate Investment Services Agent Evan Lyons

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Oxford Area

    Available is a single tenant suite offering up to 11,180 square feet, situated alongside a larger shopping center. The property benefits from high visibility from the main road and easy access for customers. Ample parking is available. Located in the Oxford area, the location is in an established commercial area with proximity to other retail and dining establishments, suggesting strong potential for foot traffic. The average household income within a mile exceeds $122,917. The building is modern and well-maintained, featuring a versatile layout suitable for retail tenants. Excellent signage opportunities are available. The property is well-suited for retail and service businesses and has the potential for a diverse tenant mix.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2523907
    Latitude
    42.811742

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    FAQs

    What type of property is this?
    Shopping center - Single tenant suite available in a well-maintained shopping center.
    Where is this shopping center located?
    The property is located at 971-983 S Lapeer Rd Oxford, MI.
    What are key features of this property?
    This property features: - Prime location in the Oxford area with high visibility from the main road.; - High average household income exceeding $122,917 within a mile.; - Up to 11,180 SF Single Tenant Suite alongside a larger shopping center.
    (248) 702-0298
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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
    971-983 S Lapeer Rd Oxford, MI 48371
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