New search
Property profile & analytics
FOR LEASE
Life science properties
1731 Harmon Rd, Auburn Hills, MI 48326
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0104393
For Lease
1 / 2
Contact for pricing
1731 Harmon Rd, Auburn Hills, MI 48326
View Listing →
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1998
Total area
14,597 SF
Lot
1.51 ac (65,776 SF)
Zoning code
I-1
APN
02-14-03-100-010
UPID
US43-0104393
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
Current use
Occupant on record · Public records
-
Plex Systems (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sterling Lot 8-gp LLC · 15 yrs held
Sterling Lot 8-gp LLC
since 2011
7 recorded transactions
Zoning & alternative use
I-1 · Auburn Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Auburn Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$32,627
Tax year 2023
Assessed value
$810,070
Assessed 2024
Previous assessed
$768,640
+5.4% YoY
Effective rate
4.03%
On assessed value
Total market value
$1,620,140
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
For Lease
Year built
1998
Heating
ZONE
Stories
1
Units
1
Total area
14,597 SF
Lot
1.51 ac (65,776 SF)
Zoning code
I-1
APN
02-14-03-100-010
UPID
US43-0104393
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Auburn Hills, MI
Zoning I-1 · permitted uses
I-1 · Auburn Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
ZONE
Stories
1
Units
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Sterling Lot 8-gp LLC
Entity
Mailing address
900 TOWER DR STE #1400, TROY, MI 48098-2832
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2011
—
Sterling Lot 8-gp LLC
Harmon Road Properties LLC
Warranty Deed
—
Dec 30, 2003
$1,775,000
Harmon Road Properties
Trilogy Real Estate LLC
Grant Deed
—
Oct 17, 2003
—
Harmon Road Properties
—
Deed Of Trust
related
$2,775,000 · Comerica Bank
Aug 2, 1999
$250,000
Trilogy Real Estate LLC
J Roth Construction Co
Grant Deed
—
Jul 16, 1998
—
J Roth Construction Co
Fougnie,wayne & Deborah
Grant Deed
related
—
—
—
Trilogy Real Estate LLC
—
Deed Of Trust
related
$1,320,000 · Bank One Michigan
—
—
J Roth Construction Co
—
Deed Of Trust
related
$975,000 · Comerica Bank
—
—
Harmon Road Properties LLC
—
Deed Of Trust
related
$1,250,000 · Standard Federal Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
