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    2643-2651 S Lapeer Rd Lake Orion, MI 48360

    For Lease
    $15 SF/Yr

    Retail property with high visibility and traffic in Lake Orion.

    Property size:
    16,696 SF
    Lot size:
    16,696 SF

    Property Features for 2643-2651 S Lapeer Rd

    General Information

    Size
    16,696 SF

    Source: Gavin Mills Agent Gavin Mills

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Lapeer Road

    Located at 2643-2661 S Lapeer Rd, in the Palace Pointe Center, this retail property offers excellent visibility on a heavily trafficked section of Lapeer Road, where traffic counts reach 37,524 vehicles per day directly in front of the center. The property is situated across the street from Home Depot. The surrounding area has a resident population of over 29,000 within a 3-mile radius and features limited neighborhood retail options in the immediate vicinity. The property size is 16,696 square feet. NNN charges are $5.87 per square foot.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Lake Orion
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2450471
    Latitude
    42.7425299

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    FAQs

    What type of property is this?
    Shopping center - Retail property with high visibility and traffic in Lake Orion.
    Where is this shopping center located?
    The property is located at 2643-2651 S Lapeer Rd Lake Orion, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High traffic volume: 37,524 vehicles per day.; - Excellent visibility on Lapeer Road.; - Located across the street from Home Depot.
    (908) 304-4534
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    2643-2651 S Lapeer Rd Lake Orion, MI 48360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2643-2651 S Lapeer Rd Lake Orion, MI 48360
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