920 N Lapeer Rd, Oxford, MI 48371

Listing office NAI Farbman a***@farbman.com Show Phone

Listing date Dec 13, 2021

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Overview

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.

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Spa & Massage Center Dental Office Auto Parts Store Auto Repair Shop Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Oxford

County

Oakland

State

Michigan

Longitude

-83.2538347

Latitude

42.811853

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FAQs

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 $1,100,000.

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.