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Property profile & analytics
OFF-MARKET
Land

550 Great Lk Xing Dr Auburn Hills, MI 48326

18.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 18.66-acre commercial land parcel in Auburn Hills, Michigan, presents a unique investment opportunity. Located at 550 Great Lakes Crossing Dr, this property boasts approximately 7 acres of buildable land, strategically positioned across from the Great Lakes Crossing Outlets. The B-3 zoning allows for diverse development options, including commercial, industrial, office, medical, and multifamily uses. Its prime location offers excellent visibility and accessibility, with convenient proximity to I-75 via Joslyn Road and Baldwin Road access ramps. The property is also situated near Michigan's only Topgolf location, further enhancing its desirability and visibility within a thriving regional shopping district. The asking price is $1,299,000, translating to $69,614 per acre. This represents a compelling opportunity to capitalize on the high demand for commercial real estate in this dynamic area of Oakland County, Michigan, zip code 48326. The property's size, zoning, and location combine to create a highly attractive proposition for developers and investors seeking a significant presence in a bustling retail and entertainment hub.

Property profile
Verified
Property type Land
Lot 18.66 ac (812,830 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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