For Sale
588 S Lapeer Road, Oxford, MI 48371
$1,598,000
MLS # 20261022644 (Realcomp)
Built 19740.64 acres
1 / 42
Listing Description
Welcome to 588 S Lapeer Rd, Oxford, MichiganThis versatile commercial property offers outstanding potential for a wide range of business uses. Ideally situated on busy South Lapeer Road, the space provides excellent visibility and convenient access for clients and operations alike.The layout features two private office rooms along with a spacious open storage area, making it a great fit for small businesses, contractors, or service-based operations that need both administrative and warehouse functionality.Whether you’re expanding or launching a new venture, this property delivers the flexibility and location to support your success.
Source: SparkMLS
About this home
Currently offered at $1,598,000.
Annual property taxes run approximately $10,627 ($886/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.64 acres
Year Built1974
Location
CityOxford
MunicipalityOxford Twp
Zip Code48371
CountyOakland
School DistrictOxford
Construction & Systems
ConstructionMetal Siding
WaterPublic
Sale & Financing
Listed4/28/2026
Source: SparkMLS
Tax Information
Annual Tax$9,977
State Equalized Value$194,950
Taxable Value$185,590
Parcel #0426302020
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Aylin Tarr
Thrive Realty Company
Frequently Asked Questions about 588 S Lapeer Road, Oxford, MI 48371
What school district is 588 S Lapeer Road, Oxford, MI 48371 in?
Per MLS# 20261022644, this property is served by Oxford. In Michigan, school district boundaries are set by the state and do not always follow city limits.
How much are property taxes for this home?
Per MLS# 20261022644, the most recent reported annual property tax for 588 S Lapeer Road, Oxford, MI 48371 is $9,977. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 588 S Lapeer Road, Oxford, MI 48371 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 588 S Lapeer Road, Oxford, MI 48371 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$10,627
Monthly$886
Millage rate54.5097 mills
Municipality: CHARTER TOWNSHIP OF OXFORD
School district: OXFORD AREA COMM SCH DIST
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$11,250
Principal & interest$10,365
Property taxes$886
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
588 S Lapeer Road, Oxford, MI 48371
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Municipality
Oxford Township
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County
Oakland County
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