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Corner Bank Building and Development Land
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990 S Lapeer Rd, Oxford, MI 48371

Former 2,815 SF bank building on a high-visibility corner with options for ground lease or build-to-suit.

Space Size1,200 SF
Days on Market199

Property Features for 990 S Lapeer Rd

General Information

Standard status Active
Size 1,200 SF
Property subtype RETAIL

Spaces For Lease

at 990 S Lapeer Rd Contact us

990 S Lapeer Rd

Floor
1
Size
1,200 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Completion
Sublease
No
- Prime commercial development opportunity with high-visibility on S. Lapeer Rd (M-24) -...
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Listing Agency: Landmark Commercial Real Estate Services
Listed By: Anthony Vitale · License #6505422306
Source: Moodyscre
Added: Feb 26 Changed: Sep 12 Last Checked: Sep 13 at 4:17AM

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 Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

The offering includes an existing former 2,815 SF bank building available for a ground lease or build-to-suit arrangement. In addition, the landlord can deliver a shopping center featuring a drive-thru end-cap space ranging from 1,200 SF to 8,320 SF, creating flexibility for qualifying retail concepts.

Located at 990 S Lapeer Rd in Oxford, MI, the property sits on the corner of S. Lapeer Rd (M-24) and W. Drahner Rd, providing high visibility and strong ingress/egress for customer and tenant access.

The space mix supports multiple development pathways, including leasing the existing building and expanding through a landlord-delivered retail end-cap configuration with drive-thru service.

Key Highlights

  • Former 2,815 SF bank building on a high‑visibility corner at S. Lapeer Rd (M‑24) & W. Drahner Rd
  • Corner location provides excellent ingress/egress
  • Ground lease and build‑to‑suit options available

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Law Firm Building Supply Hair Salon Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Home Improvements & Furnishings 23% Dining 22% Electronics 8%
Pet Supplies Plus Shops & Services
4,970 visits/mo 0.0 miles
Harbor Freight Tools Home Improvements & Furnishings
4,767 visits/mo 0.5 miles
Dollar General Shops & Services
4,712 visits/mo 0.4 miles
Jimmy John's Dining
3,645 visits/mo 0.5 miles
AT&T Electronics
1,778 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Former 2,815 SF bank building on a high-visibility corner with options for ground lease or build-to-suit.
Where is this commercial land located?
The property is located at 990 S Lapeer Rd Oxford, MI.
What are key features of this property?
This property features: Former 2,815 SF bank building on a high‑visibility corner at S. Lapeer Rd (M‑24) & W. Drahner Rd; Corner location provides excellent ingress/egress; Ground lease and build‑to‑suit options available
(248) 488-2620 Call to check price and availability
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