Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Market St Oxford, MI 48371

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.71 Acres, C-2 Zoning, Prime Location

    Property Features for 0 Market St

    General Information

    Property type
    Farms
    Lot Size
    118,048 SF

    We can help!

    Listing Contact
    Todd Szymczak
    Todd Szymczak

    Listing Agent: Todd Szymczak

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 2.71-acre parcel presents a compelling investment opportunity in Oxford, Michigan. Strategically located on East Market Street, this agricultural land is zoned C-2 - General Business, offering significant development potential. The property enjoys a prime location near established businesses, including a Meijer superstore, Tractor Supply, various restaurants, and recently constructed apartment complexes. Its proximity to a planned, large Corewell Health medical facility (on a 22-acre parcel directly south) promises increased traffic and heightened visibility, making it an ideal site for a variety of commercial ventures. The surrounding area showcases a vibrant mix of retail and residential development, indicating a strong and growing market. This property's advantageous zoning and location within a thriving commercial district position it for substantial future appreciation. The asking price is $650,000. This is a rare chance to acquire land in a rapidly developing area with excellent access to major roadways and amenities. Don't miss this opportunity to capitalize on the growth potential of this exceptional property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oxford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2679022
    Latitude
    42.8369646

    Nearby Similar for Sale

    • New
      $379,900
      2,707 SF

      Oxford Triplex Investment Opportunity

      Well-maintained triplex near downtown Oxford, currently at capacity.
      59 E Burdick St, Oxford, MI 48371
      View Details
    • $325,000
      1,834 SF

      Downtown Oxford Triplex Investment Opportunity

      Fully occupied triplex with income potential in downtown Oxford.
      29 East St, Oxford, MI 48371
      View Details
    • $1,800,000
      3,432 SF

      Oxford Equestrian Estate on 116 Acres

      Equine facility on 116 acres in Metamora Hunt Country.
      5280 Hosner Rd, Oxford, MI 48370
      View Details
    • $1,800,000
      116.30 Acres

      116-Acre Oxford Equine Facility

      Grand equine facility on 116 acres in Metamora Hunt Country.
      5280 Hosner Rd, Oxford, MI 48370
      View Details
    • $1,195,000

      M24 Corridor Manufacturing/Retail Opportunity

      Two buildings with manufacturing/retail space and storage on M24.
      1559 N Lapeer Rd, Oxford, MI 48371
      View Details
    • $290,995

      Oxford Specialty Property For Sale

      Specialty property available for purchase in Oxford, Michigan.
      54 Division St, Oxford, MI 48371
      View Details
    • Contact for pricing
      11,180 SF

      Retail Space in Oxford Area

      Single tenant suite available in a well-maintained shopping center.
      971-983 S Lapeer Rd, Oxford, MI 48371
      View Details
    • $4,500,000
      61,937 SF

      Oxford Industrial Warehouse For Sale

      61,937 SF industrial warehouse property in Oxford, Michigan.
      2470 Xcelsior Dr, Oxford, MI 48371
      View Details
    • $4,500,000
      61,937 SF

      Xcelsior Drive Warehouse For Sale

      Well-maintained 61,937 sq ft warehouse with 25' ceiling clearance.
      Oxford, MI 48371
      View Details
    • $560,000
      5,090 SF

      Downtown Oxford Commercial Gem

      Renovated Industrial Space, High Traffic Location
      150 Washington St, Oxford, MI 48371
      View Details
    • $585,000
      1,954 SF

      Oxford Industrial Space - High Visibility

      Prime Oxford location, ideal for medical or office use.
      950 Lapeer Rd, Oxford, MI 48371
      View Details
    • $698,000
      1,967 SF

      Oxford Industrial Space - $698K

      1,967 sq ft Industrial Building, Updated
      74 Washington St, Oxford, MI 48371
      View Details

    FAQs

    What type of property is this?
    Farm - 2.71 Acres, C-2 Zoning, Prime Location
    Where is this farm located?
    The property is located at Market St Oxford, MI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: C-2 General Business zoning.; Excellent location on East Market Street, near Meijer, Tractor Supply, restaurants, and new apartments.; Adjacent to a proposed Corewell Health facility.
    (248) 351-6315 Call to check price and availability
    Request Owner's contact information
    Market St Oxford, MI 48371
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Market St
    Oxford, MI 48371
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Market St Oxford, MI 48371
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Todd Szymczak
    Todd Szymczak
    Real Estate License ID: 6501338373
    (248) 351-6315 (248) 841-5007
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!