Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land on Joslyn Road Title is generated by Realmo AI

    3650 Joslyn Road, Auburn Hills, MI 48326

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1.68 acres available for ground lease or build-to-suit.

    Type:Land
    Lot size:
    1.68 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    58
    Last Refresh:
    Mar 18 at 8:04 am

    Property Features for 3650 Joslyn Road

    General Information

    Standard status
    Active
    Lot size
    1.68 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Andy Sitto
    Andy Sitto

    Listing agent Andy Sitto License #6501367356

    Listing office CBRE - Detroit

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE - Detroit

    HighLights

    • 1.68 Acres available for ground lease or build to suit sale
    • Located on Joslyn Road with high traffic counts (17,000+ vehicles per day)
    • Close proximity to Great Lakes Crossing Outlet Mall
    • Zoned B‑2
    • Nearby retailers include Target, Meijer, Sam's Club, and Home Depot
    • Build to suit opportunity

    Overview

    This 1.68-acre commercial land parcel is available for ground lease or build-to-suit sale. The property is located on Joslyn Road, which experiences traffic counts exceeding 17,000 vehicles per day. The location is within minutes of Great Lakes Crossing Outlet Mall. Nearby retailers include Target, Meijer, Sam's Club, and Home Depot. The zoning is B-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2782564
    Latitude
    42.6945438

    Nearby Similar for Lease

    • $2,500/Mo
      3,300 SF

      Updated Office Suite For Lease

      Professionally maintained office suite in Auburn Hills, updated in 2024.
      2201 Auburn Road, Auburn Hills, MI 48326
      View Details
    • $2,500/Mo
      1,800 SF

      Updated Office Suite in Auburn

      Professionally maintained office suite available for lease.
      2201 Auburn Rd, Auburn Hills, MI 48326
      View Details
    • $12 SF/Yr
      13,222 SF

      Modern Office Space Available

      High-tech office space with workout facility, available for rent.
      1700 Harmon Road, Auburn Hills, MI 48326
      View Details
    • $17 SF/Yr
      100,000 SF

      Auburn Hills Office/Research Facility

      Office/research facility in Auburn Hills with corporate headquarters potential.
      3000 University Drive, Auburn Hills, MI 48326
      View Details
    • $15 SF/Yr
      25,000 SF

      Plug & Play Office Space

      Up to 25,000 SF of plug & play office space.
      3000 University Drive, Auburn Hills, Michigan 48326
      View Details
    • $9 SF/Yr
      3,342 SF

      Clean Flex Space Sublease

      Professionally managed flex space sublease near I-75.
      1920 Opdyke Court, Auburn Hills, MI 48326
      View Details
    • $13 SF/Yr
      25,625 SF

      Spacious Office Space Available

      Sublease opportunity with cafeteria, auditorium, and ample parking.
      3000 University Drive, Auburn Hills, MI, 48326
      View Details
    • $19 SF/Yr
      55,269 SF

      Class A Medical Facility

      Class A medical facility with suites available in various sizes.
      2251 N. Squirrel Rd, Auburn Hills, MI 48326
      View Details
    • $12 SF/Yr

      Auburn Hills General Purpose Building

      General purpose building with heavy parking in Auburn Hills.
      1270 Doris Road, Auburn Hills, MI 48326
      View Details
    • Contact for pricing
      79,643 SF

      Industrial Facility with Office Space

      Industrial property with office space available for lease.
      3985 Giddings Rd, Auburn Hills, MI 48326
      View Details
    • Contact for pricing
      115,115 SF

      Industrial Space in Automation Alley

      115,115 SF industrial space with office to suit for lease.
      4000 Pinnacle Ct, Auburn Hills, MI 48326
      View Details
    • $12 SF/Yr

      Office Space with Signage Available

      Office space for rent with monument and building signage.
      2181 E. Walton Blvd., Auburn Hills, MI 48326
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.68 acres available for ground lease or build-to-suit.
    Where is this commercial land located?
    The property is located at 3650 Joslyn Road Auburn Hills, MI.
    What are key features of this property?
    This property features: 1.68 Acres available for ground lease or build to suit sale; Located on Joslyn Road with high traffic counts (17,000+ vehicles per day); Close proximity to Great Lakes Crossing Outlet Mall
    (248) 351-2084
    We can help!
    Listing Contact
    Andy Sitto
    Andy Sitto
    Real Estate License ID: 6501367356
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    3650 Joslyn Road, Auburn Hills, MI, 48326
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!