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Financial
Distress signals
Property profile

1989 N Opdyke Rd A Auburn Hills, MI 48326

FOR LEASE
Turn key restaurants
Property ID
US43-1808421
4,158 SF 0.66 ac lot Built 1940
Last sale Apr 2025 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This retail or office-type suite is located in a building zoned B2, which permits a range of business uses. The suite has been remodeled, with heavy-duty luxury vinyl plank flooring and a freshly painted interior. It is situated on the southwest corner of Opdyke Road and Pontiac Road at a high-visibility intersection, with proximity to major freeways and large employers, and is near Oakland University and the former Palace of Auburn Hills. The suite is sized to accommodate up to approximately 1,200 square feet and the property includes ample on-site parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$227k
Effective rate5.17%

Value estimate

· Oct 2026
$245k
$221k – $270k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 496.62% cap applied$13k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$99 – $238
Qualifying comparables14

Cap rate analysis

How does the asset earn?
496.62%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
This district is intended to serve the overall shopping needs of residents both within and beyond the City including convenience, compari...
General categoryCOMMERCIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.6
Realty agency15.0
Parking Facility12.7

Location

1989 N Opdyke Rd, Unit A Auburn Hills, MI 48326
County assessor Recorded deeds · 2 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2705 Lapeer, Auburn Hills, MI 48326-1929 $677,500 Jun 2024 4,000 SF
747 Opdyke, Auburn Hills, MI 48326-3436 $1,950,000 Jan 2023 1,793 SF
3198 Auburn, Auburn Hills, MI 48326-3216 $86,000 Apr 2022 2,435 SF
2850 Auburn, Auburn Hills, MI 48326-3213 $665,000 Sep 2021 2,100 SF
141 Opdyke, Auburn Hills, MI 48326-3136 $1,900,000 Sep 2019 6,231 SF
2105 Ss, Auburn Hills, MI 48326-3478 $378,000 Jun 2019 5,858 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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