21500 Greenfield Rd, Oak Park, MI 48237
This exceptional 0.53-acre commercial vacant land parcel presents a unique opportunity for development in the thriving Oak Park, Michigan market. Located at 21500 Greenfield Road, this single-tenant property is zoned B-1, Neighborhood Business, offering a wide range of potential uses. The expansive lot size provides ample space for various commercial ventures, from retail establishments to small-scale office buildings. Its strategic location in Oakland County ensures excellent visibility and accessibility, attracting a significant customer base. The property's address is easily identifiable and convenient for both employees and clients. The B-1 zoning designation allows for a diverse array of commercial activities, making it an attractive investment for entrepreneurs and businesses seeking a prime location to establish or expand their operations. This is a rare opportunity to acquire a sizable, well-situated commercial land parcel in a high-demand area. The property is ready for immediate development, offering a blank canvas for your vision. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is located in the 48237 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Oak Park, MIOak Park. Always verify with local authorities before improvements.
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.