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    Park Rd Oakland charter Township, MI 48363

    Sponsored
    For Sale
    $248,000

    3.56 Acres, Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 3.56-acre residential lot presents a rare opportunity to build your dream home in Oakland Charter Township, Michigan. Located on Parks Rd, zip code 48363, this property boasts a tranquil setting with a private pond entirely contained within its boundaries. The gently rolling terrain offers potential for a walkout basement, adding to the desirability of this unique homesite. Situated in the highly sought-after Rochester School District, this land is surrounded by new, upscale homes, ensuring a prestigious neighborhood. Convenience is key, with easy access to premier golf courses, the vibrant Rochester shopping district, and several picturesque parks. The permitted zoning is residential, allowing for the construction of a single-family dwelling. This parcel is ideally suited for those seeking a peaceful, yet conveniently located, building site in a desirable community. The asking price for this remarkable property is $248,000. Don't miss this chance to own a piece of Oakland Township's idyllic landscape. The property's latitude and longitude coordinates are 42.77046366124806 and -83.10786082744664 respectively.

    Property Features for 0 Park Rd

    General Information

    Property type
    Land
    Lot Size
    155,074 SF

    HighLights

    • $248,000 asking price.
    • 3.56‑acre residential land parcel.
    • Located in Oakland Charter Township, MI, 48363.
    • Residential zoning.
    • Situated in the desirable Rochester School District, near golf courses, shopping, and parks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oakland charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.107860827447
    Latitude
    42.770463661248

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    FAQs

    What type of property is this?
    Land - 3.56 Acres, Residential Land
    Where is this land located?
    The property is located at Park Rd Oakland charter Township, MI.
    What is the asking price?
    The asking price for this property is $248,000.
    What are key features of this property?
    This property features: $248,000 asking price.; 3.56-acre residential land parcel.; Located in Oakland Charter Township, MI, 48363.
    Request Owner's contact information
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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
    Park Rd Oakland charter Township, MI 48363
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