Property profile

0 Oakland Cmns Southfield, MI 48076

OFF-MARKET
Land
2.2 ac lot
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Property summary

AI-generated overview

This exceptional 2.2-acre parcel in Southfield, Michigan, presents a unique investment opportunity. Located within the Oakland Commons development, this property boasts a Regional Center zoning designation, allowing for a diverse range of high-density developments. Envision a high-rise office building, a multi-family residential complex, or a vibrant retail center – the possibilities are vast. The land is strategically situated near major thoroughfares, including I-696 and M-10, ensuring excellent accessibility and high visibility. This location benefits from a dense population, strong household incomes, and substantial daily traffic volume, creating a robust market for any development. The site is surrounded by millions of square feet of existing office buildings, establishing a strong foundation for future growth and synergy. Furthermore, a separate wetlands parcel is also available for sale, adding further potential to this already compelling offering. This property is ideally positioned to capitalize on the thriving business environment and high daytime population counts of Oakland County. Join established businesses like Truck Lite and the Hilton/Holiday Inn in this dynamic location. The address is Oakland Commons, Southfield, MI 48076.

Property profile

Verified
Property type Land
Lot 2.2 ac (95,832 SF)

Cap rate & NOI

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

Location

Oakland Cmns Southfield, MI 48076
Southfield 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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