2391-2441 Auburn Rd, Shelby Township, MI 48317
This exceptional 0.773-acre commercial land parcel, located at 2391-2441 Auburn Road in Shelby Township, Michigan, presents a prime development opportunity. The property, identified by APN numbers 23-07-30-379-047, 23-07-30-379-028, 23-07-30-379-029, 23-07-30-379-030, and 23-07-30-379-031, is zoned C-1, allowing for a variety of commercial uses. Its strategic location on Auburn Road provides excellent visibility and accessibility, making it ideal for businesses seeking high traffic exposure. The site benefits from its proximity to established residential and multi-family communities, ensuring a strong customer base. Utilities are either on-site or readily available nearby, simplifying the development process. Priced at $449,000, this property offers significant potential for investors and developers looking to capitalize on the thriving Shelby Township market in Macomb County, MI, zip code 48317. The property's location offers convenient access to major roadways and amenities, further enhancing its appeal. This is a rare opportunity to acquire a well-situated commercial lot with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.