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Property profile

0 Park Rd Oakland charter Township, MI 48363

OFF-MARKET
Commercial real estate
3.56 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Lot 3.56 ac (155,074 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Park Rd Oakland charter Township, MI 48363
Oakland charter Township metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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