1150 Avon Rd, Rochester Hills, MI 48307-2401
This exceptional 2.35-acre industrial land parcel in Rochester Hills, Michigan, presents a remarkable development opportunity. Located at 1150 E Avon Rd, the property boasts 323 feet of frontage on Avon Road, ensuring high visibility and convenient access. Currently zoned I (Industrial District), this site is ideal for a variety of industrial uses, including manufacturing, warehousing, or distribution. The land is heavily wooded, providing a natural screen, but also includes an existing old home and outbuilding that require demolition. The property's APN is 15-24-100-004, and its location within Oakland County offers access to a robust infrastructure and skilled workforce. The asking price is $600,000. This represents a significant chance to acquire a substantial piece of land in a thriving industrial area, allowing for the creation of a custom-designed facility to meet specific business needs. The site's size and location make it particularly attractive for businesses seeking a prominent presence in a strategic location. The existing structures, while needing demolition, present an opportunity to create a completely new and efficient industrial space. This is a rare chance to secure a prime piece of industrial real estate in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
II · Rochester Hills, MIRochester Hills. Always verify with local authorities before improvements.
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.