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RM-2 Zoned Development Land

14200 Eight Mile W, Oak Park, MI 48237

For Sale
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Zoned RM-2 for multifamily development, this vacant land opportunity is located in Oak Park, Michigan.

Property SizeContact for details
Days on Market177

Property Features for 14200 Eight Mile W

General Information

Standard status Active
Property subtype Land
Zoning LI
Listing Agency: Encore Real Estate Investment Services
Listed By: Kishon Harbert · License MI #6501402939
Source: Cpix.resimplifi
Added: May 18 Changed: Nov 10 Last Checked: Nov 10 at 5:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encore Real Estate Investment Services

Rey
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Investment Insights

Based on property information with market context.

This vacant land offering is identified as residential land/home lots and is presented as a development site suitable for multifamily use. The property is described as zoned RM-2, providing a basis for multifamily development planning.

The site is located in the Oak Park area near Oak Pointe Village, with the surrounding area described as close to business districts and major transit routes, as well as dining and cultural attractions.

For buyers and investors focused on residential or multifamily development, the key provided fact is the RM-2 zoning designation, which supports consideration of multifamily development within the Oak Park community context.

Key Highlights

  • Vacant land opportunity in Oak Park, Michigan
  • Zoned RM‑2, suitable for multifamily development

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

464
Businesses Nearby

Demographics for 48237, MI

29,560
Population
13,036
Households
2.3
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
5,796
Density / Sq Mi
$65,882
Median Household Income
$44,992
Median Earnings
$1,354
Median Rent
$198,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Zoned RM-2 for multifamily development, this vacant land opportunity is located in Oak Park, Michigan.
Where is this residential land & home lot located?
The property is located at 14200 Eight Mile W Oak Park, MI.
What are key features of this property?
This property features: Vacant land opportunity in Oak Park, Michigan; Zoned RM‑2, suitable for multifamily development
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Includes: Price & PSF · Cap rate · Location · Zoning

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