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    Oakland Cmns Southfield, MI 48076

    Sponsored
    For Sale
    Contact for pricing

    Prime Southfield land, Regional Center zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2.2-acre parcel in Southfield, Michigan, presents a unique investment opportunity. Located within the Oakland Commons development, this property boasts a Regional Center zoning designation, allowing for a diverse range of high-density developments. Envision a high-rise office building, a multi-family residential complex, or a vibrant retail center – the possibilities are vast. The land is strategically situated near major thoroughfares, including I-696 and M-10, ensuring excellent accessibility and high visibility. This location benefits from a dense population, strong household incomes, and substantial daily traffic volume, creating a robust market for any development. The site is surrounded by millions of square feet of existing office buildings, establishing a strong foundation for future growth and synergy. Furthermore, a separate wetlands parcel is also available for sale, adding further potential to this already compelling offering. This property is ideally positioned to capitalize on the thriving business environment and high daytime population counts of Oakland County. Join established businesses like Truck Lite and the Hilton/Holiday Inn in this dynamic location. The address is Oakland Commons, Southfield, MI 48076.

    Property Features for 0 Oakland Cmns

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • Join established businesses like Truck Lite and the Hilton/Holiday Inn.
    • 2.2‑acre parcel with Regional Center zoning, suitable for high‑rise office, multi‑family, or retail development.
    • Adjacent wetlands parcel also available.
    • Surrounded by millions of square feet of existing office buildings.
    • Excellent freeway access via I‑696 and M‑10.
    • Prime Oakland County location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2493304
    Latitude
    42.4818087

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    FAQs

    What type of property is this?
    Land - Prime Southfield land, Regional Center zoning.
    Where is this land located?
    The property is located at Oakland Cmns Southfield, MI.
    What are key features of this property?
    This property features: Join established businesses like Truck Lite and the Hilton/Holiday Inn.; 2.2-acre parcel with Regional Center zoning, suitable for high-rise office, multi-family, or retail development.; Adjacent wetlands parcel also available.
    (248) 353-0500
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    Oakland Cmns Southfield, MI 48076
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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
    Oakland Cmns Southfield, MI 48076
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