NEC Oakley Park & Newton, Commerce Township

Vacant Land for Sale
Catylist Listing ID: 28531517
Property Subtypes: Residential (Single Family), Retail, Retail-Pad, Other
Gross Land Area: 2.49 Acres
Sale Price: $900,000
Unit Price: $361,445 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2017

Overview / Comments

2.49 Acres (1.77 net) of vacant land located at the NEC of Oakley Park and Newton Road in Commerce Township, MI. Site has potential for rezoning for commercial use. Great visibility with great access.

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 17-14-400-013
Zoning: R1-B
Market Type: Medium
Property Located Between: Newton and Welch
Side of Street: Northeast
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Oakley Park
Traffic/Vehicle Count: 20,182
Highway Access: 5 mins from M-5/Martin Parkway

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,842 65,568 150,386
Median Age: 41.02 40.37 41.08
Households: 3,292 27,495 59,009
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