0 Lapeer Rd Auburn Hills, MI 48326
This exceptional 14.72-acre commercial land parcel presents a significant investment opportunity in Auburn Hills, Michigan. Located on Lapeer Road (M-24), the property boasts 1,185 feet of prime frontage, ensuring high visibility and accessibility. The parcel is zoned B-2, allowing for a wide range of commercial development possibilities. The asking price is $3,815,160, translating to $259,182 per acre. The property's Assessed Parcel Number (APN) is 14-02-100-019. While a deed restriction on fast-food establishments existed until August 2021, this restriction has now expired, opening up further development options. This strategic location in Oakland County, with its easy access to major thoroughfares, makes this land ideal for a variety of commercial ventures. The property's size and prominent road frontage offer unparalleled potential for significant return on investment. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The address is Lapeer Rd, Auburn Hills, MI 48326.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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