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    OFF-MARKET
    Land

    0 Oakley Park Rd, Commerce Charter Township, MI 48390

    10.9 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 10.9 ac (474,804 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
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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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