For Sale
$1,100,000

920 Lapeer Rd Oxford Township, MI 48371

Prime 10-acre commercial parcel, ideal mixed-use development.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 10-acre commercial land parcel, located at 920 N Lapeer Rd in Oxford Township, Oakland County, Michigan (zip code 48371), presents a unique investment opportunity. Situated on the bustling M-24 corridor, this property boasts a C-2 General Commercial zoning designation, allowing for a variety of development options, including mixed-use and multifamily projects. The parcel's APN is P-14-22-101-003. A previous, unapproved site plan envisioned a Planned Unit Development (PUD) with approximately 84 multifamily units and ample surface parking (152 spaces). The site's location offers excellent visibility and accessibility, with high traffic counts on Lapeer Road. The surrounding area features a thriving community with a median household income exceeding $100,000 and home values surpassing $350,000. Nearby amenities include major retailers, newer residential developments, and a pond-like setting. The property benefits from Oxford Community Schools' above-average rankings and the proximity of two new hospitals under development (Beaumont and Ascension). The asking price for this strategically located parcel is $1,100,000. While a previous site plan existed, it was not formally approved. The property is approximately 8.33 acres buildable. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a significant land holding in a rapidly growing area.

Highlights

  • 10-acre commercial land parcel at 920 N Lapeer Rd, Oxford Charter Township, MI 48371 (Parcel ID: P-14-22-101-003).
  • C-2 General Commercial zoning, allowing mixed-use and multifamily development. Approximately 8.33 acres buildable.
  • High-traffic M-24 (Lapeer Rd) location, across from Meijer and near planned Beaumont and Ascension hospitals.
  • Surrounded by 1,100 new homes, major retailers, and a pond.
  • Excellent demographics: $100,747 median household income (1-mile radius), $350,000+ home values.
  • Above-average Oxford Community Schools.

Property Details for 920 Lapeer Rd

Property type
Land
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Oxford Township
County
Oakland
State
Michigan
Latitude
42.8412863
Longitude
-83.2734713
920 Lapeer Rd, Oxford Township, Michigan

FAQs

What type of property is this?
Land - Prime 10-acre commercial parcel, ideal mixed-use development.
Where is the land located?
The property is located at 920 Lapeer Rd Oxford Township, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 10-acre commercial land parcel at 920 N Lapeer Rd, Oxford Charter Township, MI 48371 (Parcel ID: P-14-22-101-003).; C-2 General Commercial zoning, allowing mixed-use and multifamily development. Approximately 8.33 acres buildable.; High-traffic M-24 (Lapeer Rd) location, across from Meijer and near planned Beaumont and Ascension hospitals.
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920 Lapeer Rd
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