Property profile

3315 Auburn Rd Auburn Hills, MI 48326

OFF-MARKET
Turn key restaurants
Property ID
US43-4277772
6,407 SF 0.66 ac lot Built 1988
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,400 square foot restaurant property is ideally situated at the hard corner of Auburn and Squirrel Roads in Auburn Hills, Michigan. Boasting a prominent location within a thriving community, this single-tenant space offers significant potential for a new culinary venture. The building sits on a 0.64-acre lot and includes 43 parking spaces, supplemented by convenient street parking. The property benefits from heavy power capabilities, essential for a demanding restaurant operation. With a rich 75-year history of restaurant use on this site, this location offers established brand recognition and a proven track record. The property is currently vacant, presenting a unique opportunity for immediate occupancy. Oakland County taxes are $3.98 per square foot. This prime location in the heart of Auburn Hills offers unparalleled visibility and accessibility, making it an exceptional investment opportunity for discerning restaurateurs. The address is 3315 Auburn Road, Auburn Hills, MI 48326.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Total area 6,407 SF
Lot 0.66 ac (28,750 SF)
APN 02-14-25-379-009
UPID US43-4277772

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
  • Restaurant

Location

3315 Auburn Rd Auburn Hills, MI 48326-3311
Auburn Hills metro Census 140700 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
$901k
Blend (final) Blend
$640k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2023
Price N/A
2014
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +1.8%

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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