1259 Doris Rd Auburn Hills, MI 48326-2618
- Warehouses
- 14,400 SF
- 1.32 lot acres
Nov 02, 2022
Current Use by Public Records
- Decade Concepts, LLC / Print Shop
- drl recycling michigan / Recycling Center
- Custom Service & Design, Inc. (Manufacturung) / Manufacturer
Property Details for 1259 Doris Rd
- Year built
- 1977
- Lot size
- 1.32 lot acres
- Property size
- 14,400 SF
- Zone code
- I-1
- Property type
- Warehouses
- APN
- 02-14-23-177-003
- APU
- 21423177003
Description
This exceptional 14,400-square-foot industrial property, located at 1259 Doris Road in Auburn Hills, Michigan, presents a compelling investment opportunity. Situated on a 1.32-acre lot, this building offers a blend of distribution and manufacturing capabilities, making it ideal for a variety of businesses. Constructed in 1977, the property boasts two truck docks and one drive-in door, ensuring efficient loading and unloading operations. The interior features a 22-foot clear height, providing ample space for storage and operations. The building is further enhanced by existing bus duct and air lines, along with two 3-ton cranes, adding significant value and functionality. The asking price is $1,728,000, translating to a competitive price per square foot of $120. This property is zoned for industrial use and is conveniently located in Oakland County, Michigan, with easy access to major transportation routes. The combination of its size, features, and location makes this an attractive option for businesses seeking a well-equipped and strategically positioned industrial space. The property's robust infrastructure and versatile design cater to a wide range of industrial applications, offering a solid foundation for growth and success. This is a rare opportunity to acquire a functional and well-maintained industrial building in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,645,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,445,000
- 6.5%
- $1,335,000
- 7%
- $1,240,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,218,000
Market price range: $689k - $1.85M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,100,000 Current use
- COMMERCIAL (GENERAL)
- $2,535,000 Change: +131% Conversion: Difficult
- RESTAURANT
- $2,495,000 Change: +127% Conversion: Difficult
- RETAIL STORES
- $2,430,000 Change: +121% Conversion: Moderate
- MEDICAL BUILDING
- $2,275,000 Change: +107% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,765,000 Change: +60% Conversion: Easy
- OFFICE BUILDING
- $1,690,000 Change: +54% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,340,000 Change: +22% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Auburn Hills
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2443
- Latitude
- 42.6567
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
