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    Lapeer Rd Auburn Hills, MI 48326

    Sponsored
    For Sale
    $1,197,900

    5.5-Acre I-2 Zoned Industrial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.5-acre industrial land parcel, located on Lapeer Road in Auburn Hills, Michigan, presents a rare opportunity. Zoned I-2, it offers significant potential for various industrial uses. The property boasts excellent main road exposure, ensuring high visibility and accessibility. Priced at $1,197,900, or $217,800 per acre, this represents a compelling investment in a highly sought-after location. The parcel's APN is 14-02-100-019. Situated in Oakland County, with a zip code of 48326, this site benefits from its strategic position within Auburn Hills. This is one of the last remaining I-2 zoned parcels available in the area, making it a truly unique opportunity for developers and businesses seeking a prime location for their operations. The property's size and zoning provide ample flexibility for a range of industrial projects. Don't miss this chance to acquire a valuable asset in a thriving Michigan market. Contact us today to learn more about this exceptional industrial land offering.

    Property Features for 0 Lapeer Rd

    General Information

    Property type
    Land
    Lot Size
    239,580 SF

    HighLights

    • 5.5‑acre industrial land parcel
    • Excellent main road exposure in Auburn Hills, MI
    • One of the last I‑2 zoned parcels available in Auburn Hills
    • Priced at $1,197,900 ($217,800/acre)
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Auburn Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2420215
    Latitude
    42.6935198

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    FAQs

    What type of property is this?
    Land - 5.5-Acre I-2 Zoned Industrial Lot
    Where is this land located?
    The property is located at Lapeer Rd Auburn Hills, MI.
    What is the asking price?
    The asking price for this property is $1,197,900.
    What are key features of this property?
    This property features: 5.5-acre industrial land parcel; Excellent main road exposure in Auburn Hills, MI; One of the last I-2 zoned parcels available in Auburn Hills
    Request Owner's contact information
    Lapeer 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
    Lapeer Rd Auburn Hills, MI 48326
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