0 Xcelsior Dr, Oxford, MI 48371
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.