920 Lapeer Rd Oxford Township, MI 48371
- Land
- 10.00 lot acres
Current Use by Public Records
- Meijer Express Gas Station / Convenience Store / Gas Station
Property Details for 920 Lapeer Rd
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional 10-acre commercial land parcel, located at 920 N Lapeer Rd in Oxford Township, Oakland County, Michigan (zip code 48371), presents a unique investment opportunity. Situated on the bustling M-24 corridor, this property boasts a C-2 General Commercial zoning designation, allowing for a variety of development options, including mixed-use and multifamily projects. The parcel's APN is P-14-22-101-003. A previous, unapproved site plan envisioned a Planned Unit Development (PUD) with approximately 84 multifamily units and ample surface parking (152 spaces). The site's location offers excellent visibility and accessibility, with high traffic counts on Lapeer Road. The surrounding area features a thriving community with a median household income exceeding $100,000 and home values surpassing $350,000. Nearby amenities include major retailers, newer residential developments, and a pond-like setting. The property benefits from Oxford Community Schools' above-average rankings and the proximity of two new hospitals under development (Beaumont and Ascension). The asking price for this strategically located parcel is $1,100,000. While a previous site plan existed, it was not formally approved. The property is approximately 8.33 acres buildable. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a significant land holding in a rapidly growing area.
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 Township
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2735
- Latitude
- 42.8413
