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Property profile & analytics

1420 Opdyke Rd Auburn Hills, MI 48326-2651

  • Commercial real estate
  • 3,325 SF
  • 1.20 lot acres
OFF-MARKET
Last Sale
Jan 11, 2024
Value Estimations
$830,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-0905432
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Zax auto wash / Car Wash
  • Classic Touch Auto Wash / Car Wash

Property Details for 1420 Opdyke Rd

Year built
1984
Lot size
1.20 lot acres
Property size
3,325 SF
Zone code
B-2
Property type
Commercial real estate
APN
02-14-23-126-011
APU
21423126011

Description

This exceptional retail opportunity presents a 3,325-square-foot auto shop situated on a 1.01-acre lot in Auburn Hills, Michigan. The property includes both the business and real estate, offering a unique chance for immediate income generation and future expansion. The location boasts excellent visibility, situated just west of the I-75/University Drive interchange, providing high exposure from both Opdyke Road and University Drive. This strategic location offers proximity to a significant customer base. Oakland University, with its 15,922 student enrollment in 2023, is just minutes away, providing access to a large pool of potential customers including students, staff, and faculty. Furthermore, the property's proximity to Stellantis North American Headquarters, a major employer with over 15,000 employees and 5.4 million square feet of office space, ensures a consistent flow of potential clients. The surrounding area is densely populated, with nearly 160,000 residents within a five-mile radius and an average household income exceeding $98,000 annually. This strong demographic profile supports a robust and reliable customer base. The property's size allows for potential redevelopment or expansion, presenting a significant opportunity for growth and increased profitability. This turnkey operation is ready for a new owner to capitalize on its existing success or implement innovative strategies to further enhance its revenue potential.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $850,000
    Market price range: $396k - $850k
    AI Estimate
    $813,000
    Market price range: $229k - $813k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $585,000
    Current use
    RETAIL STORES
    $560,000
    Change: -4% Conversion: Easy
    MEDICAL BUILDING
    $525,000
    Change: -10% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Auburn Hills
County
Oakland
State
Michigan
Longitude
-83.2454
Latitude
42.6626
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,072
$0.00
$0.00
$371,570
-
$0.00
$0.00
$743,140
More about this property
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