0 Lapeer Rd Auburn Hills, MI 48359
This exceptional 2 to 33.24-acre land parcel presents a unique development opportunity in the thriving Auburn Hills/Orion Township area of Oakland County, Michigan. Located on Lapeer Road, with a zip code of 48359, this property boasts a versatile OP-2 zoning designation, permitting a wide range of uses including industrial, medical, retail, research and development, office, and senior housing. While the total acreage spans a significant range, approximately 17 usable acres are available, excluding a natural wetland area. The strategic location offers unparalleled access to major employers and transportation arteries. The property is situated minutes away from GM Orion, the CTC (likely referring to a local transportation center), and the recently constructed Amazon fulfillment center in nearby Pontiac, ensuring excellent connectivity and a strong workforce pool. This prime location, combined with the flexible zoning and substantial acreage, makes this an exceptional investment opportunity for developers seeking a high-impact project in a rapidly growing area. The asking price for this significant land holding is $2,300,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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