Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1705 North Opdyke Rd Auburn Hills, MI 48326

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $250,000

    Commercial land with frontage on Opdyke Road.

    Property Features for 1705 North Opdyke Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Chuck Ginster
    Source: Cbre

    Listing Agent: Chuck Ginster

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Opdyke Road Commercial Land

    This commercial land offers frontage on Opdyke Road. It presents potential for a retail-oriented business. Demographics are available upon request.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2463558
    Latitude
    42.6671878

    Nearby Similar for Sale

    • New
      $419,000
      2,700 SF

      Updated Duplex Near Oakland University

      Updated duplex with new kitchens, baths, near Oakland University.
      2190 Kircher Ct, Auburn Hills, MI 48326
      View Details
    • $2,700,000

      High-Tech Office with Workout Facility

      State-of-the-art office space suitable for various professional uses.
      1700 Harmon Rd, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Two-Story Office Building Near I-75

      66,888 SF office building with easy I-75 access.
      2851 High Meadow Cir, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Four-Story Office Building with Atrium

      Four-story office building with easy access to I-75.
      3201 University Dr, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Renovated Office Building on University

      Auburn Hills office building under new ownership and management.
      3250-3256 University Dr, Auburn Hills, MI 48326
      View Details
    • $1,800,000

      Versatile Building Near I-75

      General purpose building in Auburn Hills, suitable for various uses.
      1270 Doris Rd, Auburn Hills, MI 48326
      View Details
    • $2,550,000

      Auburn Hills Corporate Office Building

      Two-story office building in Auburn Hills, ideal for corporate headquarters.
      3271 Five Points Dr, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Office Building Near I-75

      Office property with modern finishes and building signage available along I-75.
      2601 Cambridge Ct, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Office Building Near I-75

      Office building with modern finishes and renovations underway near I-75.
      2701 Cambridge Ct, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Auburn Hills Flex Space Available

      Flex space available in Auburn Hills near I-75.
      3355 Bald Mountain Rd, Auburn Hills, MI 48326
      View Details
    • $5,500,000

      Clean Industrial Building with Expansion Potential

      Expandable industrial building with I-75 exposure and income-producing billboard.
      3275 Lapeer Rd West, Auburn Hills, MI 48326
      View Details
    • Contact for pricing
      80,416 SF

      Renovated Warehouse Near I-75

      Renovated warehouse with easy access to I-75 and M-59.
      2110 Executive Hills Ct, Auburn Hills, MI
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with frontage on Opdyke Road.
    Where is this commercial land located?
    The property is located at 1705 North Opdyke Rd Auburn Hills, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Opdyke Road Frontage; - Great potential for a retail oriented business; - Demographics available upon request
    (248) 351-2063
    Request Owner's contact information
    1705 North Opdyke Rd Auburn Hills, MI 48326
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1705 North Opdyke Rd
    Auburn Hills, MI 48326
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1705 North Opdyke Rd Auburn Hills, MI 48326
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chuck Ginster
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!