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    FOR SALE
    Commercial real estate

    3265 Lapeer Rd, Auburn Hills, MI 48326

    876 SF 0.79 ac lot Built 1940
    Individually Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1378095
    Property summary
    AI-generated overview

    This exceptional 1.11-acre commercial land parcel, located at 3265 Lapeer Road in Auburn Hills, Michigan, presents a prime opportunity for development. Situated in Oakland County, with the APN numbers 14-11-176-003 and 14-11-176-004, this property boasts approximately 210 feet of frontage on Lapeer Road, offering excellent visibility and accessibility. The zoning designation is I-1, Light Industrial, allowing for a variety of potential uses. All utilities are readily available, simplifying the development process. The site is clean and ready for immediate development, eliminating the need for extensive remediation. Its strategic location provides direct access to I-75 North and South, ensuring convenient transportation links for businesses and employees. The asking price for this exceptional property is $300,000. This represents a compelling investment opportunity in a thriving industrial area. Don't miss this chance to acquire a well-positioned, ready-to-develop industrial lot in a desirable Michigan location. The zip code is 48326.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1940
    Total area 876 SF
    Lot 0.79 ac (34,412 SF)
    Zoning code I-1
    APN 02-14-11-176-003
    UPID US43-1378095
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Stanley Uzelac · 3 yrs held
    Stanley Uzelac
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    I-1 · Auburn Hills, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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