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    Oak Park, MI
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    Oak Park, MI Residential Land & Home Lots for Sale

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    Residential Land in Oak Park
    Updated: Sep 27, 2024
    Residential Land in Oak Park

    Rosewood Avenue, Oak Park, MI 48237

    $100,000
    0.20 AC lot
    Opportunity to build in Oak Park.
    Potential to build two houses (subject to variance).
    Seller will entertain land contract offers.
    Public water source available.
    Located in the city of Oak Park.
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    Residential Lot in Oak Park
    Updated: Nov 28, 2025
    Residential Lot in Oak Park

    22020 Sloman St, Oak Park, MI 48237

    $75,000
    0.14 AC lot
    Wide 91‑foot lot offers ample space for building.
    Located in a desirable area of Oak Park.
    All utilities (city water, sewer) are on site and ready for connection.
    Suitable for building a home with an attached garage.
    Great opportunity to build a custom dream home.
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    RM-2 Zoned Development Land
    RM-2 Zoned Development Land

    14200 Eight Mile West, Oak Park, MI 48237

    Contact for pricing

    Zoned RM-2 for multifamily development, this vacant land opportunity is located in Oak Park, Michigan.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Oak Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Lot in Established Neighborhood
    Residential Lot in Established Neighborhood

    18656 Midway Avenue, Southfield, MI 48075

    $44,000
    0.50 AC lot

    Large residential lot in Southfield, build your dream home.

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    Deep Residential Lot
    Deep Residential Lot

    16034 Meadowood Ave, Southfield, MI 48076

    $85,000

    Build a custom home on a deep residential parcel with room for outdoor living and a private backyard.

    View details
    Detroit Land with Circular Driveway
    Detroit Land with Circular Driveway

    19925 SCHAEFER Highway, Detroit, MI 48235

    Contact for pricing
    0.21 AC lot

    Large vacant lot suitable for building a dream home.

    View details
    Vacant Residential Lot with Driveway
    Vacant Residential Lot with Driveway

    19925 Schaefer Highway, Detroit, MI 48235

    Contact for pricing

    Large vacant lot offering 68 feet of frontage and a circular driveway for a future home build.

    View details

    Oak Park, MI Residential Land & Home Lots Market Trends and Statistics

    Explore 3 residential land & home lots for sale in Oak Park, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,810 square feet of properties for sale, with an estimated market value of $175,000.

    Sale prices for home sites in Oak Park, MI start at $75,000, averaging $87,500, and reaching up to $100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 3
    Residential land & home lots 3
    Industrial land 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -1.6%
    Median Household Income $65,882
    College Educated 54.2%

    High-Yield Neighborhoods for Investment

    Identify Oak Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48237 $100K

    Taxes & Financing

    Tax Rate (average for all types) 4.81%
    Property Tax per SF $49.73 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Oak Park, MI

    • 48237

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