0 Oakley Park Rd, Commerce Charter Township, MI 48390
This exceptional 10.9-acre commercial land parcel presents a unique development opportunity in the desirable Commerce Charter Township, Oakland County, Michigan. Located on Oakley Park Road in the 48390 zip code, this property boasts a prime corner lot position and is zoned R-1C, allowing for single-family residential development. The asking price is $1,480,000, translating to approximately $135,779.82 per acre. The property's location within the highly-regarded Walled Lake Consolidated School District adds significant value and appeal to potential buyers. With its substantial size and advantageous zoning, this land offers considerable potential for various residential projects. The parcel includes two APNs: 17-14-353-007 and 17-14-351-005. This is a rare opportunity to acquire a large, well-located parcel in a thriving community. The property is currently vacant, providing a clean slate for development. Serious inquiries are encouraged to explore the possibilities this exceptional land offering presents. Coordinates are 42.5701951 latitude and -83.4573034 longitude.
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.