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14200 W 8 Mile Rd
Oak Park, MI 48237
Oak Pointe - Vacant Land · Terrain À vendre
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7,71 AC
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Large parcel
Résumé de l'annonce
The surrounding area is anchored by a strong employment base, with proximity to major business districts such as Southfield’s office corridor and the growing medical and institutional presence along Woodward. This accessibility supports a deep and diverse renter pool, including young professionals, healthcare workers, and workforce households seeking quality housing with suburban convenience and urban proximity.
Oak Pointe Terrace is further enhanced by its access to a wide range of retail, dining, and lifestyle amenities. Residents benefit from nearby national retailers, local restaurants, and everyday conveniences along Greenfield Road, Coolidge Highway, and 8 Mile, while also being minutes from the cultural and entertainment hubs of Downtown Royal Oak, Ferndale, and Detroit’s Midtown.
From a development perspective, the site sits within a corridor experiencing continued reinvestment and housing demand, yet remains under-supplied with newer, high-quality rental product—particularly townhome-style units with private entries and attached garages. This creates a compelling opportunity to deliver a differentiated product that meets current market demand while positioning for long-term appreciation.
With its strategic location, strong connectivity, and proximity to both employment and lifestyle drivers, Oak Pointe Terrace presents a highly attractive opportunity for multifamily development. The project is well-positioned to capitalize on the ongoing growth of the broader Detroit metropolitan area while offering residents a modern, community-oriented living experience in one of the region’s most accessible and evolving submarkets.
Faits sur la propriété
2 Lots disponibles
Lot
| Taille du lot | 2,40 AC |
| Taille du lot | 2,40 AC |
Introducing a prime 2.40 acre site in Oak Park, zoned RM-2 for multifamily development. This strategically located property offers scale, flexibility, and strong potential for investors seeking to deliver high-quality housing in a growing market.
Lot
| Taille du lot | 5,31 AC |
| Taille du lot | 5,31 AC |
Introducing a prime 5.31 acre site in Oak Park, zoned RM-2 for multifamily development. This strategically located property offers scale, flexibility, and strong potential for investors seeking to deliver high-quality housing in a growing market.
Description
Introducing a prime investment opportunity in the Oak Park area: This property is zoned RM-2, offering a desirable prospect for multifamily development. Situated in a strategic location, this property presents a compelling opportunity for investors seeking to capitalize on its favorable zoning and potential for multifamily development. With its versatile zoning and excellent positioning within the Oak Park area, this property is poised to meet the dynamic needs of multifamily investors looking to create a valuable and sustainable development in this thriving community. Zoned RM-2 Strategic location Ideal for multifamily development Prime investment opportunity Favorable zoning Versatile development potential Desirable prospect for investors Excellent positioning in Oak Park area
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 0 $ CAD | |
| Évaluation du terrain | 610 746 $ CAD | Évaluation totale | 610 746 $ CAD |
Impôts fonciers
