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Parks Rd 3.5 Acres of Residential Land Offered at $376,993 CAD in Oakland Township, MI 48363
Investment Highlights
- Parcel consists of approximately 3 acres in Oakland County with residential land use.
- Accessible to major roadways including Rochester Road and M-24, offering connectivity to I-75 and regional destinations.
- Positioned within an affluent and stable submarket that maintains demand for large-lot and luxury residential development.
- Located within Oakland Township, part of the Detroit-Warren-Dearborn metropolitan area.
- The area includes a mix of residential neighborhoods and substantial recreational amenities.
Executive Summary
This 3-acre land parcel on Parks Road offers an outstanding opportunity for ownership in sought-after Oakland Township within Oakland County. The site is positioned in a scenic setting that balances privacy with accessibility, making it suitable for residential or potential long-term development. The property is in proximity to Rochester Hills and other established communities, providing access to quality schools, retail, and recreational amenities.
Oakland Township is recognized for its blend of rural charm and convenient connectivity to metro Detroit. Parks Road offers nearby connections to major thoroughfares, including Rochester Road and M-24 (Lapeer Road), which link to I-75 and regional employment hubs. The area exemplifies suburban living with access to both green space and urban conveniences, creating an appealing location for those seeking lifestyle and investment upside.
Oakland Township is recognized for its blend of rural charm and convenient connectivity to metro Detroit. Parks Road offers nearby connections to major thoroughfares, including Rochester Road and M-24 (Lapeer Road), which link to I-75 and regional employment hubs. The area exemplifies suburban living with access to both green space and urban conveniences, creating an appealing location for those seeking lifestyle and investment upside.
Property Facts
| Price | $376,993 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 3.50 AC |
| Property Type | Land | ||
| Zoning | Residential - Residential Zoned District | ||
| Price | $376,993 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 3.50 AC |
| Zoning | Residential - Residential Zoned District |
1 Lot Available
Lot
| Price | $376,993 CAD | Lot Size | 3.50 AC |
| Price Per AC | $107,712.22 CAD |
| Price | $376,993 CAD |
| Price Per AC | $107,712.22 CAD |
| Lot Size | 3.50 AC |
Description
Vacant residential lot located off of Parks Rd in Oakland Township, MI
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 23-22-476-044 | Improvements Assessment | $228,382 CAD |
| Land Assessment | $63,066 CAD | Total Assessment | $291,448 CAD |
Property Taxes
Parcel Number
23-22-476-044
Land Assessment
$63,066 CAD
Improvements Assessment
$228,382 CAD
Total Assessment
$291,448 CAD
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Parks Rd
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