Lake Orion Redevelopment
For Sale
$3,300,000
571 & 575 N Lapeer Rd, Lake Orion, MI 48362
2.35 acre commercial land for redevelopment in Lake Orion.
Property Size5,840 SF
Lot Size2.35 Acres
Price / SF$565.07
Days on Market205
Property Features for 571 & 575 N Lapeer Rd
General Information
Standard status
Active
Size
5,840 SF
Lot size
2.35 Acres
Property subtype
Land
Zoning
BI
Listing Agency:
Signature Associates - Southfield
Listed By:
Marvin Petrous · License #6501386692
(248) 359-0647
Source:
Cpix.resimplifi
Added: Apr 2
Changed: Oct 9
Last Checked: Oct 23 at 3:37AM
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 Signature Associates - Southfield
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Investment Insights
Based on property information with market context.
This 2.35-acre property presents a redevelopment opportunity along N. Lapeer Road in Lake Orion. The site is suitable for retail, restaurants, automotive, mixed-use, medical, or other commercial developments. It offers visibility, strong traffic counts, and access to surrounding residential areas. The property is located across from Kroger at a signalized intersection and is surrounded by national retailers. There are two existing buildings on the property, one with approximately 1,991 square feet and the other with approximately 5,840 square feet. One of the buildings offers potential interim income or redevelopment flexibility. The parcels are being sold together.
Key Highlights
- Prime redevelopment opportunity on N. Lapeer Road.
- 2.35 acre assemblage in an active commercial corridor.
- Ideal for retail, restaurants, automotive, mixed‑use, medical, or other commercial development.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
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Business Placement
Demographics for 48362, MI
15,001
Population
6,428
Households
2.3
Avg Household Size
42
Median Age
44%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
1,485
Density / Sq Mi
$108,667
Median Household Income
$51,826
Median Earnings
$1,095
Median Rent
$313,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Commercial land - 2.35 acre commercial land for redevelopment in Lake Orion.
Where is this commercial land located?
The property is located at 571 & 575 N Lapeer Rd Lake Orion, MI.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Prime redevelopment opportunity on N. Lapeer Road.; 2.35 acre assemblage in an active commercial corridor.; Ideal for retail, restaurants, automotive, mixed‑use, medical, or other commercial development.
