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    2591 Auburn Rd Shelby Township, MI 48317

    For Sale
    $350,000

    Prime Auburn Rd corner lot, C-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.455-acre commercial lot presents a remarkable development opportunity in the thriving Shelby Township, Michigan market. Located at 2591 Auburn Road, this property boasts a highly desirable C-1 zoning designation, allowing for a wide range of commercial uses. The lot's prime corner location provides excellent visibility and accessibility, with significant frontage on Auburn Road. This strategic positioning ensures high traffic exposure, making it ideal for businesses seeking maximum brand awareness. The surrounding area is characterized by a mix of residential and multi-family dwellings, creating a strong potential customer base for various commercial ventures. Furthermore, essential utilities are either on-site or readily available nearby, simplifying the development process and minimizing upfront infrastructure costs. The APN is 23-07-30-379-051. This property is situated in Macomb County, Michigan, with a zip code of 48317. The coordinates are 42.63891310168275 latitude and -83.08528804570167 longitude. This is a rare opportunity to acquire a well-located commercial lot in a rapidly growing area. Don't miss out on this chance to build your business's future.

    Property Features for 2591 Auburn Rd

    General Information

    Property type
    Land
    Lot Size
    19,820 SF

    HighLights

    • $350,000 asking price.
    • 0.455‑acre commercial land parcel.
    • C‑1 zoning.
    • Auburn Road frontage in Shelby Township, MI.
    • Excellent visibility; surrounded by residential and multi‑family development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.085288045702
    Latitude
    42.638913101683

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    FAQs

    What type of property is this?
    Land - Prime Auburn Rd corner lot, C-1 zoning.
    Where is this land located?
    The property is located at 2591 Auburn Rd Shelby Township, MI.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 0.455-acre commercial land parcel.; C-1 zoning.
    Request Owner's contact information
    2591 Auburn Rd Shelby Township, MI 48317
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    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
    2591 Auburn Rd Shelby Township, MI 48317
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