Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1227 Centre Rd Auburn Hills, MI 48326
    Back to Search
    Property profile & analytics

    1227 Centre Rd Auburn Hills, MI 48326

    View on Map
    • Warehouses
    • 65,018 SF
    • 2.41 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ti Automotive / Auto Repair Shop / Vehicle Inspection Center

    Property Details for 1227 Centre Rd

    Year built
    1986
    Lot size
    2.41 lot acres
    Property size
    65,018 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 65,018-square-foot industrial warehouse, located at 1227 Centre Road in Auburn Hills, Michigan (Oakland County, zip code 48326), presents a unique investment opportunity. Built in 1986, the property sits on a 2.41-acre lot and is zoned I-2. The single building boasts a 24-foot clear ceiling height, ideal for various industrial uses. The warehouse space is complemented by approximately 15,000 square feet of office space, creating a versatile and functional layout. The property includes 75 parking spaces, five grade-level loading docks, and one truckwell, ensuring efficient loading and unloading operations. Modern amenities include EV charging stations and an open collaborative cafeteria space. The building is equipped with heavy power, reflecting its suitability for demanding industrial applications. The property's corporate image facility is a significant asset, enhancing its appeal to a wide range of potential tenants. This well-maintained property offers a substantial opportunity for businesses seeking a strategically located and well-equipped industrial space in a thriving Michigan market. The APN is 14-23-151-039.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Auburn Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2481
    Latitude
    42.6588

    Comparable in this City

    • Value Estimation by Request
      21,418 SF

      3509 Fountain Ln

      Flex space • 21,418 SF
      3509 Fountain Ln, Auburn Hills, MI 48326
      View Details
    • Value Estimation by Request
      24,007 SF

      1700 Harmon Rd

      Distribution properties • 24,007 SF
      1700 Harmon Rd, Auburn Hills, MI 48326
      View Details
    • Value Estimation by Request
      65,018 SF

      1227 Centre Rd

      Distribution properties • 65,018 SF
      1227 Centre Rd, Auburn Hills, MI 48326
      View Details
    • Value Estimation by Request
      107,499 SF

      2110 Executive Hl Blvd

      Distribution properties • 107,499 SF
      2110 Executive Hl Blvd, Auburn Hills, MI 48326
      View Details
    • Value Estimation by Request
      47,728 SF

      1465 Pacific Dr

      Distribution properties • 47,728 SF
      1465 Pacific Dr, Auburn Hills, MI 48326
      View Details
    • Value Estimation by Request
      77,911 SF

      1780 Pond Run Auburn Hl

      Distribution properties • 77,911 SF
      1780 Pond Run Auburn Hl, Auburn Hills, MI 48326
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,500 SF

      Auburn Hills Flex/Industrial Property

      24,500 SF flex/industrial property in Auburn Hills, Michigan.
      2181 Walton Blvd, Auburn Hills, MI 48326
      View Details
    • Contact for pricing
      280,000 SF

      New Construction Industrial Investment

      280,000 SF industrial property in Auburn Hills, Michigan.
      1700 Brown Rd, Auburn Hills, MI 48326
      View Details
    • Contact for pricing
      80,416 SF

      Renovated Warehouse Near I-75

      Renovated warehouse with easy access to I-75 and M-59.
      2110 Executive Hills Ct, Auburn Hills, MI 48326
      View Details
    • $5,500,000

      Clean Industrial Building with Expansion Potential

      Expandable industrial building with I-75 exposure and income-producing billboard.
      3275 Lapeer Rd West, Auburn Hills, MI 48326
      View Details
    • Contact for pricing
      65,018 SF

      Industrial Property for Sale

      Industrial property available for sale in Auburn Hills, Michigan.
      1227 Centre Rd, Auburn Hills, MI 48326
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr

      Clean Warehouse Building with Exposure

      Expandable warehouse with I-75 exposure and income-producing billboard.
      3275 Lapeer Rd West, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Air-Conditioned Warehouse with Backup Systems

      Warehouse with air conditioning, generator, and computer room cooling.
      2800 Superior Ct, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Auburn Hills Flex/Industrial Space

      Flex, industrial, and office spaces available for lease.
      3000 University Dr, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Auburn Hills Tech and Office Space

      Tech, office, and warehouse spaces available for lease.
      2000 Taylor Rd, Auburn Hills, MI 48326
      View Details
    • Contact for pricing

      Industrial Space in Automation Alley

      115,115 SF industrial space with office to suit for lease.
      4000 Pinnacle Ct, Auburn Hills, MI 48326
      View Details
    • Contact for pricing
      14,597 SF

      High-Tech Flex Data Center

      14,597 SF high-tech flex data center for lease.
      1731 Harmon Rd, Auburn Hills, MI 48326
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1227 Centre Rd
    Auburn Hills, MI 48326
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1227 Centre Rd, Auburn Hills, MI, 48326
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!