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    2466 Auburn Rd Shelby Township, MI 48317

    Sponsored
    For Sale
    $220,000

    Half-acre lot, prime Shelby Twp location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.5-acre commercial land parcel, located at 2466 Auburn Road in Shelby Township, Michigan (48317), presents a remarkable development opportunity. Zoned C1 Local Retail Business, this mostly cleared lot boasts 78 feet of frontage on Auburn Road, a busy thoroughfare experiencing 11,000 cars daily, ensuring high visibility for any business. Utilities are readily available at the roadside. The property's strategic location between Dequindre and Ryan Roads places it near residential and multifamily communities, creating a strong potential customer base. A site plan for a 3,000 square foot building is included, providing a solid foundation for development. Ideal uses include child care facilities, salons, studios, personal service businesses, retail establishments, or restaurants. The property's location just east of Rochester Hills' Auburn Corridor Redevelopment adds to its long-term investment potential. The parcel's APN is 23-07-31-126-025. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a thriving area. Asking price is $220,000.

    Property Features for 2466 Auburn Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • 0.5‑acre vacant commercial lot in Shelby Township, MI.
    • Located on Auburn Rd, between Dequindre Rd and Ryan Rd.
    • Mostly cleared lot with utilities at the roadside.
    • C1 Local Retail Business zoning.
    • Excellent development opportunity with 78' of frontage and high visibility (11,000 cars/day).
    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
    -83.0864299
    Latitude
    42.638381

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    FAQs

    What type of property is this?
    Land - Half-acre lot, prime Shelby Twp location.
    Where is this land located?
    The property is located at 2466 Auburn Rd Shelby Township, MI.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: 0.5-acre vacant commercial lot in Shelby Township, MI.; Located on Auburn Rd, between Dequindre Rd and Ryan Rd.; Mostly cleared lot with utilities at the roadside.
    (248) 358-5361
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    2466 Auburn Rd Shelby Township, MI 48317
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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
    2466 Auburn Rd Shelby Township, MI 48317
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