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    200 E Silverbell Rd Lake Orion, MI 48359

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    For Sale
    $1,500,000

    4,560 SF office building, 100% occupied by credit tenant.

    Property size:
    4,560 SF
    Lot size:
    1.03 Acres

    Property Features for 200 E Silverbell Rd

    General Information

    Size
    4,560 SF
    Lot size
    1.03 Acres

    Source: Dominion Real Estate Advisors Agent David N. McNabnay SIOR

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

    Overview

    Single Tenant Office Building

    This is a 4,560 SF single-tenant office building with a mezzanine. The property is 100% occupied by a long-term credit tenant, the Michigan Education Association (MEA), which recently renewed their lease for an additional 6-year term. The building features four private offices, two general office areas, a reception area, a copy room, a storage area, a conference room, and a meeting room with a capacity of over 40 seats. Additional features include thermal windows, a backup generator, and building signage. The property was renovated in 2016 for the current tenant and offers excellent parking. It is located on E. Silverbell Road, just east of Lapeer Road/M-24, and within a few minutes' drive to I-75. The location sees approximately 25,000 vehicles per day heading east/west at Lapeer Road/M-24 and E. Silverbell Road.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mea Lake Orion Labor Union

    Suggested Use

    Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Orion
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2390006
    Latitude
    42.7227552

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    FAQs

    What type of property is this?
    Office building - 4,560 SF office building, 100% occupied by credit tenant.
    Where is this office building located?
    The property is located at 200 E Silverbell Rd Lake Orion, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 100% occupied by a long-term credit tenant (Michigan Education Association) with a recently renewed 6-year lease.; - 4,560 SF single-tenant office building with a mezzanine.; - Excellent parking and building signage.
    (248) 980-5076
    Request Owner's contact information
    200 E Silverbell Rd Lake Orion, MI 48359
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    Lake Orion, MI 48359
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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
    200 E Silverbell Rd Lake Orion, MI 48359
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