52-56 Washington St Oxford, MI 48371
This exceptional .45-acre commercial development site, located at 52-56 N Washington in Oxford, Michigan (48371), presents a unique opportunity for investors and developers. Zoned C2 Commercial, this property boasts excellent visibility and accessibility, along with ample parking. The site, measuring approximately 119 feet of frontage by 165 feet in depth, is ideally situated as a gateway property to the Village of Oxford. Previously occupied by homes, the land has been cleared and is ready for immediate development. Plans allow for the construction of up to 7,442 square feet of office or retail space, catering to a variety of commercial uses. The asking price for this turnkey development opportunity is $318,000. This prime location offers significant potential for high returns, making it an attractive investment in a thriving Michigan community. Don't miss this chance to acquire a highly visible and accessible commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.