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Property profile

150 Washington St Oxford, MI 48371

OFF-MARKET
Retail space
Property ID
US43-0296492
5,090 SF 0.47 ac lot Built 1940
Last sale Oct 2023 · $20,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 5,090 square foot commercial property in Oxford, MI, presents a prime investment opportunity. Strategically located on high-traffic M-24 in the heart of downtown, this extensively renovated building offers unparalleled versatility. Completed in 2023, the renovations transformed this 1.5-story space into a turnkey operation, currently configured as a restaurant. The C-2 zoning allows for a wide range of business uses. The property features a sophisticated layout, including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$229k
Effective rate4.89%

Value estimate

· Nov 2026
$620k
$558k – $682k
Submarket $/SF estimate$683k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$169/SF
County average, outlier-cleaned · 385 recorded sales of this use type
Observed band · Q1–Q3$79 – $263
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.9
Hair Salon12.6
Electrical Service11.4

Location

150 Washington St Oxford, MI 48371-4975
County assessor Recorded deeds · 7 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9 Washington, Oxford, MI 48371-4978 $190,000 May 2024 4,440 SF
22 Washington, Oxford, MI 48371-4665 $700,000 Mar 2023 5,884 SF
595 Glaspie, Oxford, MI 48371-5133 $954,000 Nov 2021 4,000 SF
653 Lapeer, Oxford, MI 48371-5036 $700,000 Aug 2021 5,911 SF
7 Washington, Oxford, MI 48371-4673 $430,000 Feb 2020 3,812 SF
53 Washington, Oxford, MI 48371-6433 $840,000 Jun 2019 4,958 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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