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    41 N Conklin Rd Lake Orion, MI 48362

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    For Sale
    Contact for pricing

    Existing 1,612 SF convenience store in Lake Orion for sale.

    Property size:
    1,612 SF
    Lot size:
    0.14 Acres

    Property Features for 41 N Conklin Rd

    General Information

    Size
    1,612 SF
    Lot size
    0.14 Acres

    Source: Iconic Real Estate Agent Jacob Sworski

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

    Overview

    Lake Orion Convenience Store Opportunity

    This is an opportunity to own an existing neighborhood convenience store located in the heart of Lake Orion. The property is surrounded by dense residential areas with high household incomes. The building has 1,612 square feet of space and sits on a 0.40-acre lot. It features 140 feet of street frontage. The zoning is RB.
    Insight Report Location Intelligence

    Current Use by Public Records

    Country Lake Market Grocery Store ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Orion
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2222
    Latitude
    42.78697

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    FAQs

    What type of property is this?
    Grocery and convenience store - Existing 1,612 SF convenience store in Lake Orion for sale.
    Where is this grocery and convenience store located?
    The property is located at 41 N Conklin Rd Lake Orion, MI.
    What are key features of this property?
    This property features: - Located in the heart of Lake Orion; - Surrounded by dense residential; - High Household Incomes
    (313) 603-4266
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    41 N Conklin Rd Lake Orion, MI 48362
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    Lake Orion, MI 48362
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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
    41 N Conklin Rd Lake Orion, MI 48362
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