2620 Auburn Rd, Lake Angelus, MI 48326
For Sale
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This exceptional 1.66-acre commercial land parcel, located at 2620 Auburn Road in Auburn Hills, Michigan (zip code 48326), presents a unique investment opportunity. Priced at $495,000 ($298,192.77 per acre), this flat, fenced lot is zoned I-1 and boasts convenient access to I-75. The property's previous site plan approval (2016) outlines the potential for a 10,000 square foot light industrial building, making it ideal for immediate development or build-to-suit projects. Its location in Oakland County, Michigan, offers excellent visibility and accessibility for businesses seeking a strategic location. The land is ready for immediate construction, eliminating lengthy site preparation delays. This prime commercial property is an exceptional opportunity for developers and investors seeking a high-value, readily-developable site in a thriving Michigan market. The property is conveniently located near the intersection of Auburn Road and I-75.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Auburn Hills, MIAuburn Hills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.