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    118 Indianwood Rd Orion Township, MI 48362

    For Lease
    $6 SF/Yr

    Modern flex warehouse space available. Multiple units, excellent location.

    Lot size:
    40,016 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property, located at 118 Indianwood Rd, Lake Orion, MI 48362, offers a diverse range of flexible warehouse and industrial spaces for lease. Situated on a generous 4.13-acre lot in Oakland County, this 40,016 square foot building presents a unique opportunity for businesses seeking adaptable space. The property is currently multi-tenant occupied, with 11,000 square feet of immediately available space. Units range in size from a minimum of 3,500 square feet to a maximum contiguous space of 11,000 square feet, providing flexibility for various business needs. Built in 1945, the building offers a blend of character and functionality, ideal for a variety of industrial and flex uses. The property's prime location in Orion Township provides easy access to major transportation routes, ensuring efficient logistics and distribution. This is an excellent opportunity to secure high-quality industrial space in a thriving Michigan market. Contact us today to learn more about leasing options and to schedule a viewing.

    Property Features for 118 Indianwood Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,016 SF
    Total Rate
    21675.33

    Building Details

    Year Built
    1945

    Unit(s) available at that property

    Space
    Bay 6
    Size
    1,100 SF
    Rate per SF
    $8
    Space
    Suite 3
    Size
    11,000 SF
    Rate per SF
    $6

    HighLights

    • 4‑acre lot in Oakland County, MI.
    • 40,016 SF industrial building.
    • Potential for additional development.
    • 3,500‑11,000 SF immediately available for lease.
    • Ample parking.
    • 1‑minute drive to M‑24 Lapeer Rd.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Preferred Landcare Lawn Care Service Premier Hair Studio Hair Salon TRE Dedtru Machining Machining Manufacturer Northern Wholesale Flooring Flooring Store HC Landscaping Landscaper

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orion Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2488443
    Latitude
    42.7905513

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    FAQs

    What type of property is this?
    Distribution property - Modern flex warehouse space available. Multiple units, excellent location.
    Where is this distribution property located?
    The property is located at 118 Indianwood Rd Orion Township, MI.
    What is the lease rate?
    The lease rate is $6-$8 SF/Yr.
    What are key features of this property?
    This property features: 4-acre lot in Oakland County, MI.; 40,016 SF industrial building.; Potential for additional development.
    Request Owner's contact information
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    Orion Township, 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
    118 Indianwood Rd Orion Township, MI 48362
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