Oxford Rd Oxford, MI 48371
- Land
- 6.23 lot acres
Current Use by Public Records
- Land
Property Details for 0 Oxford Rd
- Lot size
- 6.23 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 6.23-acre parcel, located at the intersection of Powell St and N Oxford Rd in Oxford, Michigan (zip code 48371), presents a unique investment opportunity. The property is zoned within Oxford's desirable Flex zoning district, offering considerable versatility for a range of commercial and industrial uses, including but not limited to industrial, residential, and retail developments. The asking price for this expansive lot is $350,000, translating to an attractive price per acre of $56,179. Situated in Oakland County, this location benefits from its proximity to the Detroit submarket. The land's ample size allows for substantial development potential. While the primary offering is the 6.23-acre parcel, an additional 13,646 square feet of property is available for sale upon request, providing further expansion possibilities. The property boasts a parking ratio of 1.3 spaces per 1,000 square feet, ensuring sufficient parking capacity for future developments. This strategically located land offers significant potential for investors seeking a versatile and well-positioned property in a thriving Michigan market. Interested parties are encouraged to explore the possibilities this exceptional land parcel presents.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oxford
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2615
- Latitude
- 42.8279
