Property profile

2119 Austin Ave Rochester Hills, MI 48309

OFF-MARKET
Industrial properties
Property ID
US43-0426933
33,110 SF 2.88 ac lot Built 1989
Entity Owned 13-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1989
Total area 33,110 SF
Lot 2.88 ac (125,453 SF)
Zoning code II
APN 70-15-29-426-010
UPID US43-0426933

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility

Location

2119 Austin Ave Rochester Hills, MI 48309-3668
Rochester Hills metro Census 194500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.09M
Blend (final) Blend
$1.45M

Owner & transaction history

since 2012
7 recorded transactions
2021
Price N/A
2020
Price N/A
2019
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2012
Price N/A

Zoning & alternative use

II · Rochester Hills, MI
Top alternative use upside
Auto repair, garage $4.1M +51.4%
Office building $3.9M +44.9%
Neighborhood: shopping center $3.1M +14.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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