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    2391-2441 Auburn Rd Shelby Township, MI 48317

    Sponsored
    For Sale
    $449,000

    Shelby Township development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.773-acre commercial land parcel, located at 2391-2441 Auburn Road in Shelby Township, Michigan, presents a prime development opportunity. The property, identified by APN numbers 23-07-30-379-047, 23-07-30-379-028, 23-07-30-379-029, 23-07-30-379-030, and 23-07-30-379-031, is zoned C-1, allowing for a variety of commercial uses. Its strategic location on Auburn Road provides excellent visibility and accessibility, making it ideal for businesses seeking high traffic exposure. The site benefits from its proximity to established residential and multi-family communities, ensuring a strong customer base. Utilities are either on-site or readily available nearby, simplifying the development process. Priced at $449,000, this property offers significant potential for investors and developers looking to capitalize on the thriving Shelby Township market in Macomb County, MI, zip code 48317. The property's location offers convenient access to major roadways and amenities, further enhancing its appeal. This is a rare opportunity to acquire a well-situated commercial lot with significant development potential.

    Property Features for 2391-2441 Auburn Rd

    General Information

    Property type
    Land
    Lot Size
    33,672 SF

    HighLights

    • Shelby Township development opportunity.
    • Commercially zoned lot.
    • High‑visibility Auburn Road frontage.
    • Excellent residential and multi‑family demographics.
    • Utilities readily available.
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.08747972
    Latitude
    42.6388683

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    FAQs

    What type of property is this?
    Land - Shelby Township development opportunity.
    Where is this land located?
    The property is located at 2391-2441 Auburn Rd Shelby Township, MI.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Shelby Township development opportunity.; Commercially zoned lot.; High-visibility Auburn Road frontage.
    Request Owner's contact information
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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
    2391-2441 Auburn Rd Shelby Township, MI 48317
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