Auburn Hills Lapeer Rd & Harmon Rd Auburn Hills, MI 48326
- Land
- 5.50 lot acres
Current Use by Public Records
- Land
Property Details for Auburn Hills Lapeer Rd & Harmon Rd
- Lot size
- 5.50 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
Two exceptional industrial land parcels in Auburn Hills, Michigan, offer significant investment opportunities. Parcel 1 encompasses 14.72 acres with 1,185 feet of frontage on Lapeer Road (M-24), boasting B-2 zoning. While a deed restriction on fast-food establishments existed until August 2021, this parcel presents excellent commercial potential. It's priced at $3,815,160, or $259,182 per acre. Parcel 2, a 5.5-acre site, benefits from main road exposure and is one of the last remaining I-2 zoned parcels in Auburn Hills. This parcel is offered at $1,197,900, or $217,800 per acre. Both parcels, totaling 20.22 acres, can be purchased together for a combined price of $5,013,060, averaging $247,925.82 per acre. Located in Oakland County, Michigan, with the address of Lapeer Road & Harmon Road, Auburn Hills, MI 48326, this property presents a rare chance to acquire prime industrial land in a desirable location. The parcels are situated at latitude 42.7005661 and longitude -83.2424846.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Auburn Hills
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2425
- Latitude
- 42.7006
