550 Great Lk Xing Dr Auburn Hills, MI 48326
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.
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
Similar Nearby for Lease
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.