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    2635 Squirrel Rd Auburn Hills, MI 48326

    Sponsored
    For Sale
    $595,000

    2.2-acre commercial lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.2-acre commercial land parcel in Auburn Hills, Michigan, presents a unique investment opportunity. Located at a high-traffic corner, this property boasts 1.8 acres of buildable land, ideal for a variety of commercial ventures. The parcel, identified by APN 14-12-376-001, is zoned B-2, offering flexible usage options including banks with drive-in facilities, professional offices, restaurants, and various retail establishments. The lot size is 2.2 acres, with a buildable area of 1.8 acres (the remaining 0.7 acres will remain with the current ownership). The property features impressive dimensions: 263 feet of lot frontage and a depth of 371 feet. Situated in the Auburn Hills submarket of the Detroit-Warren-Dearborn MSA, this location benefits from high visibility and significant traffic volume, averaging 31,985 vehicles. Essential utilities, including water, gas, sewer, and storm drain, are readily available. Note that a shared detention pond with the adjacent property to the south is required. The asking price of $595,000 reflects a land value of $270,454 per acre, based on the 1.8 acres of buildable land. This prime location and flexible zoning make this property an attractive investment for discerning buyers.

    Property Features for 2635 Squirrel Rd

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • Detroit‑Warren‑Dearborn MSA.
    • Auburn Hills submarket.
    • Situated on Walton Blvd.
    • High traffic count: 31,985 vehicles daily.
    • 263' lot frontage.
    • 371' lot depth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2220952
    Latitude
    42.6813411

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    FAQs

    What type of property is this?
    Land - 2.2-acre commercial lot, high traffic area.
    Where is this land located?
    The property is located at 2635 Squirrel Rd Auburn Hills, MI.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Detroit-Warren-Dearborn MSA.; Auburn Hills submarket.; Situated on Walton Blvd.
    (248) 971-0306
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    2635 Squirrel Rd Auburn Hills, MI 48326
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    Realmo Value Estimation

    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.

    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.

    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
    2635 Squirrel Rd Auburn Hills, MI 48326
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