Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Auto Repair Shop on M24 Title is generated by Realmo AI

    30 W Clarkston Road, Lake Orion, MI 48362

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $500,000

    Auto repair shop with expansion potential on 1.24 acres.

    Type:Retail
    Property size:
    1,505 SF
    Price / SF:
    $332/SF
    Added:
    Nov 21, 2025
    Days on Market:
    176
    Last Refresh:
    Apr 5 at 10:48 pm

    Property Features for 30 W Clarkston Road

    General Information

    Standard status
    Active
    Size
    1,505 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    Gavin Mills
    Gavin Mills

    Listing agent Gavin Mills License #6501397648

    Listing office NAI Farbman - Corporate

    Listing date Nov 21, 2025

    Source Naiglobal

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

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman - Corporate

    HighLights

    • Prime location on M24 and Clarkston Road with high visibility
    • Large combined lot size of 1.24 acres when purchased with the neighboring lot
    • Zoned for future General Commercial use, offering development potential
    • Existing auto repair shop provides immediate business opportunity
    • Located on Buckhorn Lake
    • Surrounded by many retailers and restaurants

    Overview

    This auto repair shop is situated on 0.66 acres and is contiguous to a neighboring 0.59-acre lot, offering the potential for a combined site of 1.24 acres. The property is located along M24 and Clarkston Road. It is located on Buckhorn Lake and surrounded by many retailers and restaurants. According to the future land use map for Lake Orion, the future zoning permits General Commercial use. The property is described as being in T4N, R10E, SEC 11 PART OF SE 1/4 BEG AT PT DIST N 88-52-30 W 1080.70 FT FROM SE SEC COR, TH N 88-52-30 W 100 FT, TH N 01-07-30 E 297 FT, TH S 88-52-30 E 93.82 FT, TH S 00-04-00 E 297 FT TO BEG.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pioneer Transmission Service ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Orion
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2403
    Latitude
    42.7679

    Nearby Similar for Sale

    • $1,750,000
      12,000 SF

      Versatile Commercial/Light Industrial Complex

      12,000 SF commercial/light industrial complex on 2.09 acres.
      4800 Joslyn Road, Lake Orion, MI 48359
      View Details
    • $3,499,999
      9,210 SF

      6 Bay Truck Repair Facility

      Profitable truck repair business and real estate in Oakland County, MI.
      3880 Baldwin Rd, Lake Orion, MI 48359
      View Details
    • $80,000
      2,200 SF

      Established Restaurant Business Opportunity

      Established restaurant for sale in Oakland County, Lake Orion.
      111 Oakland Road, Lake Orion, MI 48359
      View Details
    • $4,000,000
      40,016 SF

      4-Acre Lot with Industrial Building

      40,016 SF industrial building with development potential near M24.
      118 Indianwood, Lake Orion, MI 48362
      View Details
    • $104,900
      882 SF

      Lake Orion Colonial Condo

      Two-bedroom condo in Lake Orion, convenient location, investment potential.
      3023 Maplewood Court, Lake Orion Village, MI 48360
      View Details
    • Contact for pricing
      472,515 SF

      Detroit Infill Industrial Portfolio

      472,515 SF industrial portfolio in the Detroit MSA.
      320 Engelwood Dr, Lake Orion, MI
      View Details
    • $1,800,000
      796 SF

      Retail Space Available For Sale

      Retail space with 796 SqFt available for purchase.
      717 Brown Rd, Lake Orion, MI 48359
      View Details
    • $2,150,000
      29,400 SF

      Lake Orion Warehouse For Sale

      29,400 SF warehouse/industrial property in Lake Orion, Michigan.
      1050 1060 W. Silverbell Road, Lake Orion, MI 48359
      View Details
    • Contact for pricing
      1,612 SF

      Lake Orion Convenience Store Opportunity

      Existing 1,612 SF convenience store in Lake Orion for sale.
      41 N Conklin Rd, Lake Orion, MI
      View Details

    FAQs

    What type of property is this?
    Auto shop - Auto repair shop with expansion potential on 1.24 acres.
    Where is this auto shop located?
    The property is located at 30 W Clarkston Road Lake Orion, MI.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Prime location on M24 and Clarkston Road with high visibility; Large combined lot size of 1.24 acres when purchased with the neighboring lot; Zoned for future General Commercial use, offering development potential
    (908) 304-4534
    We can help!
    Listing Contact
    Gavin Mills
    Gavin Mills
    Real Estate License ID: 6501397648
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    30 W Clarkston Road, Lake Orion, MI 48362
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!