Property profile

0 Xcelsior Dr Oxford, MI 48371

OFF-MARKET
Land
10.24 ac lot
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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

Location

Xcelsior Dr Oxford, MI 48371
Oxford metro
Google Maps

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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