0 Lapeer Rd Oxford, MI 48370
This exceptional 4.34-acre industrial land parcel presents a unique investment opportunity in Oxford, Michigan. Located on S. Lapeer Rd./M-24, a major thoroughfare in Oakland County, this property boasts over 440 feet of road frontage, ensuring high visibility and accessibility. The site comprises two combined lots (APN: 04-04-353-009 & 04-04-353-010), and includes an existing billboard, adding to its potential revenue streams. The property's zoning is currently Light Industrial, allowing for a variety of development options. Potential exists for multiple buildings, a single large-scale facility, or even rezoning for a convenience store. The strategic location offers excellent access points, with possible curb cuts onto Lapeer Rd., Oakwood Rd., and Adventure Lane. This versatile site is ideal for businesses seeking high visibility and convenient access to major transportation routes. The asking price is $1,300,000, or $299,539 per acre. The owner is also open to considering a land lease arrangement. Don't miss this rare opportunity to acquire a prime industrial site in a thriving Oakland County location. This property offers significant potential for immediate development or long-term investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.