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    OFF-MARKET
    Land

    0 Xcelsior Dr, Oxford, MI 48371

    10.24 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10.24-acre commercial land parcel presents a unique investment opportunity in Oxford, Michigan. Located at the northwest corner of Hummer Lake Road and Xcelsior Drive, this property boasts convenient access to M-24, ensuring seamless transportation and logistics. The land is zoned I-2, General Industrial, allowing for a wide range of industrial uses, including outside storage. The site dimensions are approximately 433 feet by 1025 feet, providing ample space for development. A significant advantage is the presence of an existing on-site retention pond, reducing infrastructure costs and streamlining the development process. The asking price is $750,000, translating to approximately $73,242 per acre. This prime location, combined with its versatile zoning and existing infrastructure, makes this property an ideal choice for businesses seeking a strategic foothold in Oakland County's thriving industrial sector. The property's size and zoning make it suitable for a variety of industrial projects, offering significant potential for future growth and return on investment. Don't miss this chance to acquire a substantial parcel of land in a highly desirable location. The property is ready for immediate development, offering a streamlined path to realizing your business goals. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Land
    Lot 10.24 ac (446,054 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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