605 Opdyke RdAuburn Hills, MI 48326

Property Details for 605 Opdyke Rd

Year built

1970

Lot size

3.54 AC

Property size (Sq ft)

36,613 SF

Property type

Super regional malls

APN

02-14-35-303-030

APU

21435303030

Description

This Auburn Hills retail property, located at 605-635 S Opdyke Rd, offers 36,613 square feet of retail space in a single, one-story building constructed in 1970. Currently, 6,085 square feet is available for lease, divisible into units ranging from 2,085 to 4,000 contiguous square feet. The property sits on a 2.99-acre lot and boasts 190 parking spaces, catering to the needs of both tenants and customers. The property is zoned for retail use and is situated in the Rochester/Rochester Hills submarket of Oakland County, Michigan, with a convenient location serving the Auburn Hills, Pontiac, and Bloomfield markets. Improvements planned for qualified tenants include new flooring and paint. Furthermore, the parking lot is scheduled for repaving in 2023. The property's strong tenant mix includes a Salvation Army Thrift Store, O'Brien's Crabhouse, New Bangkok Thai, Advance America, a smoke shop, nail salon, and a bakery, creating a vibrant and diverse retail environment. The property's address is 605-635 S Opdyke Rd, Auburn Hills, MI 48326, with the APN 14-35-303-030.

• CAP approach

  CAP return

  Valuation

  6%

  $9,213,525

  6.5%

  $8,504,792

  7%

  $7,897,307

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,630,446

  Geo Method

  $8,630,446

• Alternative Use

  Use

  Valuation

  Residential

  $7,174,110

  Hospitality

  $6,571,446

  Educational

  $5,467,366

  Medical

  $5,655,398

  Retail

  $8,504,792

Location Insight

City

Auburn Hills

County

Oakland

State

Michigan

Latitude

42.6252

Longitude

-83.2482

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].