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Property profile

0 Market St Oxford, MI 48371

OFF-MARKET
Land
8.39 ac lot
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Property summary

AI-generated overview

This exceptional 8.39-acre commercial land parcel in Oakland County, Michigan, presents a unique investment opportunity. Located on Market Street in Oxford, MI 48371, this C-1 zoned property boasts a prime location near a thriving retail district anchored by a Meijer Superstore, new apartment complexes, and Oxford High School. The property's strategic position is further enhanced by its proximity to a planned large Corewell Health medical facility and a new McClaren Health Ambulatory Care hospital, promising increased traffic and demand. The site also neighbors a golf course, numerous single-family homes, and an event center, creating a desirable surrounding environment. Township officials have indicated a strong need for a limited-service hotel and restaurant in this area, making this land ideal for such development. The property's size and zoning allow for a variety of commercial uses, offering significant potential for future growth and profitability. The asking price is $1,950,000. This is a rare chance to acquire a substantial parcel in a rapidly developing area with excellent visibility and access. Don't miss this opportunity to capitalize on the growth potential of Oxford, Michigan.

Property profile

Verified
Property type Land
Lot 8.39 ac (365,468 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Market St Oxford, MI 48371
Oxford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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