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    Lapeer Rd Auburn Hills, MI 48359

    Sponsored
    For Sale
    $2,300,000

    Large industrial/commercial land parcel, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2 to 33.24-acre land parcel presents a unique development opportunity in the thriving Auburn Hills/Orion Township area of Oakland County, Michigan. Located on Lapeer Road, with a zip code of 48359, this property boasts a versatile OP-2 zoning designation, permitting a wide range of uses including industrial, medical, retail, research and development, office, and senior housing. While the total acreage spans a significant range, approximately 17 usable acres are available, excluding a natural wetland area. The strategic location offers unparalleled access to major employers and transportation arteries. The property is situated minutes away from GM Orion, the CTC (likely referring to a local transportation center), and the recently constructed Amazon fulfillment center in nearby Pontiac, ensuring excellent connectivity and a strong workforce pool. This prime location, combined with the flexible zoning and substantial acreage, makes this an exceptional investment opportunity for developers seeking a high-impact project in a rapidly growing area. The asking price for this significant land holding is $2,300,000.

    Property Features for 0 Lapeer Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑33.24 acres available for sale.
    • 17+/- usable acres, excluding wetlands.
    • OP‑2 zoning allows industrial, medical, retail, R&D, office, and senior housing uses.
    • Conveniently located near GM Orion Assembly, CTCs, and a new Amazon fulfillment center in Pontiac.
    • $2,500,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Auburn Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2427026
    Latitude
    42.7073285

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    FAQs

    What type of property is this?
    Land - Large industrial/commercial land parcel, ideal for development.
    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 $2,300,000.
    What are key features of this property?
    This property features: 2-33.24 acres available for sale.; 17+/- usable acres, excluding wetlands.; OP-2 zoning allows industrial, medical, retail, R&D, office, and senior housing uses.
    Request Owner's contact information
    Lapeer Rd Auburn Hills, MI 48359
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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 48359
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