1350 Lapeer RdOxford, MI 48371

Property Details for 1350 Lapeer Rd

Year built

1993

Lot size

9.08 AC

Property size (Sq ft)

81,921 SF

Zone code

BI

Property type

Retail properties

Property subtype

Super regional malls

APN

P -04-35-177-020

APU

P0435177020

Description

Oxford Mills, a 78,811 square foot Class B shopping center located at 1350 S Lapeer Rd, Oxford, MI 48371, offers a prime retail opportunity in Oakland County's thriving Oxford submarket. Built in 1993, this single-story building sits on a 395,525 square foot lot and features 350 surface parking spaces. Currently, there are three spaces available, ranging from 2,400 to 13,512 square feet, with a minimum divisible space of 1,225 square feet and a maximum contiguous space of 6,845 square feet. A total of 11,121 square feet is currently vacant. The property benefits from high visibility on busy South Lapeer Road (Highway 24), situated conveniently north of a Kroger Super Center and across from the Oxford Hills Golf Club. This location provides excellent access to M-24 and I-75, ensuring strong traffic flow and exposure. The center is anchored by established tenants including Dollar General, Jimmy John's, AT&T, and Harbor Freight, creating a strong tenant mix and attracting a steady stream of customers. The B1 zoning allows for a variety of retail uses. The property offers air conditioning for tenant and customer comfort. This is an exceptional opportunity for businesses seeking high visibility and convenient access within a vibrant community. The property's location offers a blend of residential and commercial traffic, maximizing exposure and potential customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $20,615,114

  6.5%

  $19,029,336

  7%

  $17,670,098

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,310,484

  Geo Method

  $19,310,484

• Alternative Use

  Use

  Valuation

  Residential

  $16,051,957

  Hospitality

  $14,703,506

  Educational

  $12,233,145

  Medical

  $12,653,861

  Retail

  $19,029,336

Location Insight

City

Oxford

County

Oakland

State

Michigan

Latitude

42.8053

Longitude

-83.2496

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.