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Property profile & analytics
OFF-MARKET
Commercial land
2641 Opdyke Rd, Auburn Hills, MI 48326-1941
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-5199065
Property summary
AI-generated overview
This exceptional .65-acre commercial land parcel, located at 2641 N Opdyke in Auburn Hills, Michigan, presents a compelling investment opportunity. Zoned B-2 General Business, this property boasts excellent visibility and accessibility, situated on Opdyke Road with convenient proximity to two I-75 ramps at University and Lapeer Roads. The lot offers approximately 140 feet of frontage, with depth varying from 181 to 222 feet, providing ample space for development. The property's APN is 14-11-353-021 & 14-11-353-022. This prime location in Oakland County, with its 48326 zip code, offers significant potential for a variety of commercial uses. The asking price has been drastically reduced by $40,000, now offered at $109,000. Don't miss this chance to acquire a strategically located commercial lot in a thriving Michigan community.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.3 ac (13,024 SF)
Zoning code
B-2
APN
02-14-11-353-018
UPID
US43-5199065
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
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
Isp Properties LLC · 21 yrs held
Isp Properties LLC
since 2005
5 recorded transactions
Zoning & alternative use
B-2 · 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
$497
Tax year 2023
Assessed value
$9,770
Assessed 2024
Previous assessed
$9,770
+0.0% YoY
Effective rate
5.09%
On assessed value
Total market value
$19,540
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.3 ac (13,024 SF)
Zoning code
B-2
APN
02-14-11-353-018
UPID
US43-5199065
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Auburn Hills, MI
Zoning B-2 · permitted uses
B-2 · 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
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Isp Properties LLC
Entity
Free & Clear · 21 yrs held
Mailing address
214 VIA PALACIO, PALM BEACH GARDENS, FL 33418-6222
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2005
$105,000
Isp Properties LLC
Gemellaro Properties LLC
Warranty Deed
—
May 26, 2000
$83,000
Bockart,renee
Hall,george T & Patrica A
Trustees Deed
—
May 26, 2000
—
Gemellaro Properties LLC
Bockart,renee & Edda
Trustees Deed
related
—
Nov 19, 1999
—
George T Hall
Bockart,renee
Grant Deed
related
—
—
—
Gemellaro Properties LLC
—
Deed Of Trust
related
$975,000 · Bank One Michigan
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.
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