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    680 Oakland Ave Milford Charter Township, MI 48381

    Sponsored
    For Sale
    $3,900,000

    28.5 Acres, Multi-Family Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 28.5-acre commercial land assemblage presents a remarkable investment opportunity in Milford Charter Township, Michigan. Located at 680 Oakland Ave, 48381, this property boasts a highly desirable location with close proximity to Downtown Milford and the esteemed Huron Valley school district. The expansive lot is zoned R-2, R-4, and RM-1, offering significant flexibility for a variety of development projects, particularly multi-family residential construction. The property's considerable size allows for substantial scale and potential for high returns. The parcel includes multiple APNs: 16-11-380-006; 16-14-101-012; 16-14-101-002; 16-11-380-002; 16-11-358-003; 16-11-357-004 and 16-11-380-011, providing clear identification and streamlined transaction processes. This prime location, combined with its versatile zoning and substantial acreage, makes this property an ideal choice for developers seeking a lucrative venture in a thriving community. The asking price for this exceptional opportunity is $3,900,000. Don't miss this chance to acquire a significant land holding in a highly sought-after area of Oakland County.

    Property Features for 680 Oakland Ave

    General Information

    Property type
    Land
    Lot Size
    1,241,460 SF

    HighLights

    • $3,900,000 asking price.
    • 28.5‑acre commercial land parcel.
    • R‑2, R‑4, and RM‑1 zoning.
    • Located at 680 Oakland Ave, Milford Charter Township, MI 48381.
    • APN: 16‑11‑380‑006; 16‑14‑101‑012; 16‑14‑101‑002; 16‑11‑380‑002; 16‑11‑358‑003; 16‑11‑357‑004 and 16‑11‑380‑011.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Milford Charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.594865604158
    Latitude
    42.582194944177

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 28.5 Acres, Multi-Family Potential
    Where is this land located?
    The property is located at 680 Oakland Ave Milford Charter Township, MI.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: $3,900,000 asking price.; 28.5-acre commercial land parcel.; R-2, R-4, and RM-1 zoning.
    (248) 358-6113
    Request Owner's contact information
    680 Oakland Ave Milford Charter Township, MI 48381
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    Milford Charter Township, MI 48381
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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
    680 Oakland Ave Milford Charter Township, MI 48381
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