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Property profile & analytics
OFF-MARKET Estimated value $840,000
Outlet malls

5665 Auburn Rd Shelby Township, MI 48317-4121

11,780 SF 1.38 ac lot Built 1954
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-0624131
Property summary
AI-generated overview

This exceptional Shelby Township property, located at 5665 Auburn Road, offers a rare opportunity to lease or purchase a highly versatile 11,780 square foot building. Currently entirely vacant, this single-story structure, built in 1954 and extensively renovated in 2024, is ideally suited for a variety of uses including retail, office, and light industrial operations. The space boasts a flexible layout, featuring an 8,000 square foot showroom/office area with a ceiling height ranging from 10 to 20 feet, and a 3,780 square foot shop area equipped with a 20-foot ceiling and a dock-high door. The property sits on a sizable 1.38-acre lot, providing ample space for expansion and offering significant potential for future growth. The building benefits from excellent visibility and high traffic counts due to its main road location and proximity to M-59 and I-75. Additional features include 21 parking spaces, 600 amps/240-volt power, and prominent monument and building signage opportunities. The property is zoned C-2 and is situated in the Macomb West submarket of Macomb County (APN: 23-07-32-227-021). Space is available in increments from 2,500 square feet up to the entire 11,780 square feet. This is an ideal location for businesses seeking high visibility and convenient access to major transportation arteries.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1954
Total area 11,780 SF
Lot 1.38 ac (59,982 SF)
Zoning code CK MAP
APN 23-07-32-227-021
UPID US43-0624131
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
$839k
Blend (final) Blend
$840k
Owner & transaction history
Four Glory LLC · 6 yrs held
Four Glory LLC
since 2019
4 recorded transactions
2025
Price N/A
2019
Price N/A
2019
$750,000
1969
Price N/A
Zoning & alternative use
CK MAP · Shelby Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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