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    OFF-MARKET
    Land

    0 Oakley Park Rd, Commerce Charter Township, MI 48390

    2.49 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.49-acre parcel of land is situated at the intersection of Oakley Park Road and Newton Road in Commerce Charter Township, Michigan, Oakland County (APN: 17-14-400-013). Currently zoned R1-B residential, this property presents a unique opportunity for development. The land offers significant potential for rezoning to accommodate commercial uses, capitalizing on its prime location and high visibility. With a total area of 2.49 acres, the land boasts excellent access and is ideal for a variety of projects. The asking price is $900,000, translating to approximately $361,445 per acre. This represents a compelling investment opportunity in a thriving Michigan community. The property's strategic location ensures high traffic volume and exposure, making it an attractive proposition for businesses seeking a prominent presence. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a substantial land parcel in a desirable location with significant upside potential. The property's address is Oakley Park Rd, Commerce Charter Township, MI 48390. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Lot 2.49 ac (108,464 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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