Auburn Hills Corporate Office
3271 Five Points Dr, Auburn Hills, MI 48326
For Sale
$2,550,000
Two-story office building in Auburn Hills, ideal for corporate headquarters.
Property Size37,305 SF
Price / SF$68.36
Days on Market289
Property Features for 3271 Five Points Dr
General Information
Standard status
Size
Class
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
L. Mason Capitani, Inc.
Listed By:
Mason L. Capitani, SIOR · License MI #6502129383
(248) 212-7795
Source:
Corfac
Added: Jan 26
Changed: Nov 3
Last Checked: Nov 10 at 6:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of L. Mason Capitani, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story corporate office building is prominently located along University Drive in Auburn Hills, Michigan. The entire building is available for a single user, presenting an ideal opportunity for a corporate headquarters or medical conversion. The property offers suites in as-is condition as well as move-in ready spaces. It features expansive parking and easy access to I-75 and M-59. The HVAC and roof are reported to be in excellent condition. The building has a total size of 37,305 square feet.
Key Highlights
- Prime Auburn Hills Location
- Ideal Owner/User Opportunity
- Easy Access to I‑75 & M‑59
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,422
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,568,440
$2.6M
Cap Rate 7%
$1,834,600
$1.8M
Cap Rate 9%
$1,426,911
$1.4M
Market Conditions
NOI Build-Up for 37,305 SF
Gross rent
$223.8K $6.00/SF
− Vacancy
−$52.6K −$1.41/SF
EGI
$171.2K $4.59/SF
− OpEx
−$42.8K −$1.15/SF
NOI
$128.4K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,568,440
Cap Rate 7%
$1,834,600
Cap Rate 9%
$1,426,911
Alternative Uses
Best Use
Healthcare Medical
$7.21M
$6.31M – $8.41M
NOI $504,826 @ 7.0% cap · market cap 19.80%
Second Best
Office B
$1.83M
$1.61M – $2.14M
NOI $128,422 @ 7.0% cap · market cap 5.04%
Theoretical Best
Specialty Retail
$8.05M
$7.04M – $9.39M
NOI $563,246 @ 7.0% cap · market cap 22.09%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
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Business Placement
Demographics for 48326, MI
22,228
Population
12,219
Households
1.8
Avg Household Size
36
Median Age
47%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
1,315
Density / Sq Mi
$79,468
Median Household Income
$46,012
Median Earnings
$1,411
Median Rent
$235,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Oakland County, MI
Properties on Market for Office buildings in Oakland County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building in Auburn Hills, ideal for corporate headquarters.
Where is this office building located?
The property is located at 3271 Five Points Dr Auburn Hills, MI.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Prime Auburn Hills Location; Ideal Owner/User Opportunity; Easy Access to I‑75 & M‑59
