Property profile

0 Auburn Rd Pontiac, MI 48341

OFF-MARKET
Land
5.41 ac lot
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Property summary

AI-generated overview

This exceptional 5.41-acre industrial land parcel in Pontiac, Michigan, presents a unique investment opportunity. Located on Auburn Road, in Oakland County, zip code 48341, the property is zoned C-3, allowing for a variety of industrial uses, including the possibility of medical marijuana provisioning. The asking price is $499,000, translating to approximately $92,000 per acre. All utilities are conveniently available on-site. The lot features irregular dimensions and offers potential for outside storage. This build-to-suit opportunity allows for the construction of a facility tailored to your specific needs. The property's strategic location in Pontiac provides easy access to major transportation routes, making it an ideal site for businesses requiring efficient logistics. Given the C-3 zoning and the availability of utilities, this land is well-suited for a range of industrial developments. The irregular dimensions offer flexibility in design and layout. This is a rare chance to acquire a sizable industrial lot in a desirable location, ready for immediate development. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 5.41 ac (235,660 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Auburn Rd Pontiac, MI 48341
Pontiac metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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