925 N Lapeer Rd Oxford, MI 48371
- Industrial properties
- 207,073 SF
- 19.74 lot acres
Current Use by Public Records
- K1 Speed - Indoor Go Karts, Corporate Event Venue, Team Building Activities / Children'S Party Service / Corporate Entertainment Service
- Bullz Boxing Club / Boxing Gym
- ETS Performance North Oakland / Sports Complex
- Starr Sackin PLLC / Criminal Justice Attorney / Estate Planning Attorney
- Belle Vie Salon and Lash Lounge / Hair Salon
Property Details for 925 N Lapeer Rd
- Year built
- 1963
- Lot size
- 19.74 lot acres
- Property size
- 207,073 SF
- Property type
- Industrial properties
- Property subtype
- Loft space
- APN
- P -04-22-101-003
- APU
- P0422101003
Description
This thriving 207,073 square foot shopping center in Oakland County offers exceptional retail space in a high-traffic, family-oriented environment. Located on a 19.73-acre lot with abundant parking, this C2-zoned property allows for both retail and office uses. The center boasts major tenants including K1 Speed, Urban Air Trampoline Park, Axe Social, and 925 Bar and Kitchen, generating significant foot traffic and event-driven business. Spaces range from 1,300 to 3,500 contiguous square feet, with 10,000 square feet currently vacant. Two prominent spaces are available: a 3,200 square foot south corner unit and a 3,500 square foot space adjacent to the Axe throwing bar and restaurant. The building features an operating garage door and benefits from excellent visibility from M-24. The property's existing tenant mix, including a high-end athletic training gym, suggests opportunities for complementary businesses such as bakeries, beauty services, sporting goods, health and wellness providers, or family-friendly restaurants. Ownership seeks a 3-5 year lease term, with flexibility for tenant build-outs. The center also includes catering, meeting rooms, and an event center available for reservation, further enhancing its appeal and potential. This is an unparalleled opportunity to join a dynamic and successful retail development.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,069,000
- AI Estimate
- $7,509,000
Market price range: $11.0M - $22.2MMarket price range: $4.85M - $16.7M
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Location Insight
- Map
- Local Demand
- City
- Oxford
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2752
- Latitude
- 42.8388
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA