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    Lapeer Rd Oxford, MI 48370

    Sponsored
    For Sale
    $1,300,000

    Prime Oakland County industrial land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 4.34-acre industrial land parcel presents a unique investment opportunity in Oxford, Michigan. Located on S. Lapeer Rd./M-24, a major thoroughfare in Oakland County, this property boasts over 440 feet of road frontage, ensuring high visibility and accessibility. The site comprises two combined lots (APN: 04-04-353-009 & 04-04-353-010), and includes an existing billboard, adding to its potential revenue streams. The property's zoning is currently Light Industrial, allowing for a variety of development options. Potential exists for multiple buildings, a single large-scale facility, or even rezoning for a convenience store. The strategic location offers excellent access points, with possible curb cuts onto Lapeer Rd., Oakwood Rd., and Adventure Lane. This versatile site is ideal for businesses seeking high visibility and convenient access to major transportation routes. The asking price is $1,300,000, or $299,539 per acre. The owner is also open to considering a land lease arrangement. Don't miss this rare opportunity to acquire a prime industrial site in a thriving Oakland County location. This property offers significant potential for immediate development or long-term investment.

    Property Features for 0 Lapeer Rd

    General Information

    Property type
    Land
    Lot Size
    189,050 SF

    HighLights

    • 4.34‑acre light industrial site with 440+ feet of Lapeer Rd./M‑24 frontage.
    • High‑traffic location on Lapeer Rd./M‑24, a major Oakland County thoroughfare.
    • Two combined lots, including billboard; potential for multiple road accesses.
    • C‑store rezoning potential.
    • Suitable for multiple buildings or a single, high‑visibility user.
    • Land lease option available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oxford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1970511
    Latitude
    42.8467392

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    FAQs

    What type of property is this?
    Land - Prime Oakland County industrial land, high visibility.
    Where is this land located?
    The property is located at Lapeer Rd Oxford, MI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 4.34-acre light industrial site with 440+ feet of Lapeer Rd./M-24 frontage.; High-traffic location on Lapeer Rd./M-24, a major Oakland County thoroughfare.; Two combined lots, including billboard; potential for multiple road accesses.
    Request Owner's contact information
    Lapeer Rd Oxford, MI 48370
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    Oxford, MI 48370
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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
    Lapeer Rd Oxford, MI 48370
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