Technical
Financial
Distress signals
Property profile

52-56 Washington St Oxford, MI 48371

OFF-MARKET
Land
0.45 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.45 ac (19,602 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

52-56 Washington St Oxford, MI 48371
Oxford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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