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    160 N Ortonville Rd Ortonville, MI 48462

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    For Lease
    $7 SF/Yr ($6,250 /Mo)

    10,000 SF industrial building available for lease in Ortonville.

    Property size:
    10,000 SF
    Lot size:
    3.62 Acres

    Property Features for 160 N Ortonville Rd

    General Information

    Size
    10,000 SF
    Lot size
    3.62 Acres

    Source: Friedman Integrated Real Estate - Corporate Agent Larry Schultz

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

    Overview

    Ortonville Industrial Building For Lease

    An industrial building offering 10,000 square feet of space is available for lease starting May 1, 2024. The owner has plans to divide the building into two 5,000-square-foot units. Offices can be built to suit, and the existing demising wall may be removed or extended. New radiant heat, bathrooms, and LED lighting are slated for installation. The property offers the potential for outside storage or extra parking for cars or service vehicles. Located centrally in northern Oakland County, it is 15 minutes from I-75, I-69, and Lapeer Road. The owner plans extensive upgrades and renovations based on tenant needs. If divided, each 5,000-square-foot unit will be completely demised from the other. NNN charges for 2024 are a low $0.73 per foot. The asking lease rate is $7.50 per square foot NNN.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Similar Places Nearby

    Five Star Storage- North, Five Star Storage- South

    Location Insight

    • Map
    • Local Demand
    City
    Ortonville
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4533471
    Latitude
    42.8555645

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    FAQs

    What type of property is this?
    Warehouse - 10,000 SF industrial building available for lease in Ortonville.
    Where is this warehouse located?
    The property is located at 160 N Ortonville Rd Ortonville, MI.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Flexible Space: Can be split into two 5,000 sq ft units or kept as a single 10,000 sq ft unit.; - Low NNN Charges: Only $0.73 per square foot for 2024.; - Strategic Location: Centrally located in N. Oakland County, with easy access to I-75, I-69, and Lapeer Rd.
    (248) 324-2000
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    160 N Ortonville Rd Ortonville, MI 48462
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    Ortonville, MI 48462
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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
    160 N Ortonville Rd Ortonville, MI 48462
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