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    Oakley Park Rd Commerce Charter Township, MI 48390

    • Land
    • 2.49 lot acres
    For Sale
    View listing
    $900,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Oakley Park Rd

    Lot size
    2.49 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Commerce Charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4573
    Latitude
    42.5702

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      3252 Pontiac Trl

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    Oakley Park Rd
    Commerce Charter Township, MI 48390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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