21500 Greenfield RdOak Park, MI 48237

Property Details for 21500 Greenfield Rd

Year built

1961

Lot size

0.53 AC

Property size (Sq ft)

21,054 SF

Zone code

B-2

Property type

Commercial land

APN

52-25-31-302-003

APU

522531302003

Description

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.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,635,060

  Retail / Commercial

  $4,503,170

  Mixed-Use / Specialty

  $4,546,350

  Hospitality / Lodging

  $3,412,620

  Office

  $4,581,030

  Institutional / Educational

  $4,747,540

  Residential Income

  $5,554,620

  Multifamily

  $6,333,560

  Automotive / Energy

  $4,069,320

  Parking / Income-Based Land

  $1,345,760

  Restaurant / Food Service

  $2,490,990

  Healthcare / Senior Housing

  $4,601,460

Location Insight

City

Oak Park

County

Oakland

State

Michigan

Latitude

42.451

Longitude

-83.2003

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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