0 Market St Oxford, MI 48371
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.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.