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Oxford Township Commercial Land Parcel
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920 N Lapeer Rd, Oxford, MI 48371

10-acre commercial land parcel in Oxford Township, Michigan.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market1712

Property Features for 920 N Lapeer Rd

General Information

Standard status Active
Lot size 10.00 Acres
Property subtype Land
Zoning C-2 General Commercial
Listing Agency: NAI Farbman
Listed By: Gavin Mills · License #MI 6501397648
Source: Crexi
Added: Dec 13, 2021 Changed: Aug 7 Last Checked: Aug 20 at 9:34PM

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 NAI Farbman

Investment Insights

Based on property information with market context.

This 10-acre parcel is located along the M-24 corridor in Oxford Township, which includes the Village of Oxford. The township is home to over 20,000 residents. Situated between E. Oakwood Rd & E. Burdick St. and Stony Lake Dr. & Market Street, the site is currently zoned C-2 Commercial and master planned for mixed-use. The future land use is designated as mixed-use, with a P.U.D. option available. Multifamily development had been planned for the site previously. A proposed Designhaus Architecture project envisioned a PUD with multi-family use within the commercial zoning, with a density of 5-7 units per acre. The proposal included three-story apartment buildings with 24 units each, totaling 72 units, and 152 surface parking spaces, along with two-story buildings with 6 duplex condos with attached garages, totaling 12 units and 48 surface parking spaces. The previous proposal applied the multi-family zoning regulations to the development area, and the mix and density conformed to ordinances. Two new hospitals, Beaumont and Ascension Hospitals, are coming to the area. The property is located within the Oxford Community Schools district.

Key Highlights

  • 10‑acre parcel on high‑traffic M‑24 corridor in Oxford Township.
  • Zoned C‑2 General Commercial, future land use for Mixed‑Use (P.U.D. Option) Multifamily/Commercial.
  • Planned for multifamily development: 5‑7 units per acre.

Property Analytics

Current Use

Meijer Express Gas ... Grocery & Convenience Store

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center

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

434
Businesses Nearby

Demographics for 48371, MI

25,272
Population
9,928
Households
2.5
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
46.2 sq mi
ZIP Area
547
Density / Sq Mi
$108,983
Median Household Income
$52,606
Median Earnings
$1,244
Median Rent
$352,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 10-acre commercial land parcel in Oxford Township, Michigan.
Where is this commercial land located?
The property is located at 920 N Lapeer Rd Oxford, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10‑acre parcel on high‑traffic M‑24 corridor in Oxford Township.; Zoned C‑2 General Commercial, future land use for Mixed‑Use (P.U.D. Option) Multifamily/Commercial.; Planned for multifamily development: 5‑7 units per acre.
(248) 563-0739 Call to check price and availability
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