Property profile

13200 Oak Park Blvd Oak Park, MI 48237

OFF-MARKET
Commercial real estate
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Property ID
US43-0599753
12,764 SF 4.49 ac
Last sale Mar 2009·$700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 4.5-acre commercial land parcel, located at 13200 Oak Park Boulevard in Oakland County, Michigan, presents a unique investment opportunity. Priced at $1,650,000 ($366,666 per acre), this property boasts an RM-1 zoning designation, allowing for a wide range of development possibilities. The site is conveniently situated within one mile of the I-696 and Coolidge Highway ramp, ensuring excellent accessibility and visibility. Preliminary site plans have already been approved for…

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?
$26k
Tax billed · 2023
Assessed value$432k
Assessed land$158k
Assessed improvement$273k
Effective rate6.11%

Value estimate

· Nov 2026
$525k
$473k – $578k
CAP approach$1.99M
Submarket $/SF estimate$1.52M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$176/SF
County average, outlier-cleaned · 344 recorded sales of this use type
Observed band · Q1–Q3$119 – $256
Qualifying comparables11

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?
RM-1
RM-1 and RM-2 multi-family residential districts. The RM-1 low-rise multi-family residential districts and the RM-2 mid-rise multi-family...
General categoryRESIDENTIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.1
Law Firm17.5
Electrical Service11.8

Location

13200 Oak Park Blvd Oak Park, MI 48237-3627
County assessor Recorded deeds · 2 transfers 11 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22000 Greenfield, Oak Park, MI 48237-2500 $350,000 May 2024 9,045 SF
15100 8th Mile, Oak Park, MI 48237-3007 $29,000,000 Jul 2023 No data
14701 11th Mile, Oak Park, MI 48237-6927 $530,000 Jan 2021 4,700 SF
14691 11th Mile, Oak Park, MI 48237-1154 $300,000 Sep 2019 2,364 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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