Property profile

1559 Lapeer Rd Oxford, MI 48371

OFF-MARKET
Retail space
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Property ID
US43-0178935
6,455 SF 0.82 ac Built 1989
Last sale Sep 2016·$460,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property consists of two buildings on a single site totaling 6,455 square feet, including 5,216 square feet of space configured for manufacturing and retail use and an additional 1,239 square feet in a separate building configured for storage. The site includes a large fenced outdoor area suitable for outdoor storage and an on-site parking lot supporting customer and employee access. It is located along the M24 corridor with visibility from M24, approximately 2.5 miles north of the Village…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$199k
Effective rate3.76%

Value estimate

· Nov 2026
$495k
$446k – $545k
Submarket $/SF estimate$592k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$169/SF
County average, outlier-cleaned · 385 recorded sales of this use type
Observed band · Q1–Q3$79 – $263
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
II
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.0
Building Supply10.1
Wholesale Shop9.9

Location

1559 Lapeer Rd Oxford, MI 48371-2413
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
150 Washington, Oxford, MI 48371-4975 $20,000 Oct 2023 5,090 SF
22 Washington, Oxford, MI 48371-4665 $700,000 Mar 2023 5,884 SF
81 Burdick, Oxford, MI 48371-4610 $1,090,000 Jan 2023 7,210 SF
653 Lapeer, Oxford, MI 48371-5036 $700,000 Aug 2021 5,911 SF
33 Pleasant, Oxford, MI 48371-4647 $375,000 Jan 2021 6,893 SF
53 Washington, Oxford, MI 48371-6433 $840,000 Jun 2019 4,958 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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