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    1164 Lapeer Rd Orion Township, MI 48360

    For Lease
    Contact for pricing

    1,444 SF Retail Space in Orion Twp, MI

    Lot size:
    1,444 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,444-square-foot retail space is ideally situated at 1164 S Lapeer Rd in Orion Township, Oakland County, Michigan, zip code 48360. The single-tenant property offers high visibility and accessibility, boasting a prime location directly across Lapeer Road from a Meijer and Planet Fitness. This ensures significant daily traffic, with over 40,000 vehicles passing by daily. The entire space is currently vacant, presenting a unique opportunity for immediate occupancy. The property benefits from its placement within a thriving retail corridor experiencing substantial growth. Orion Township's population within a 5-mile radius has increased from 65,743 in 2010 to 71,830 in 2024, indicating a strong and expanding market. Further enhancing the location's appeal is the recent addition of a new White Water Car Wash just north of the property. This adds to the already robust commercial activity in the immediate vicinity. The property's 1,444 square feet provide ample space for a variety of retail uses, making it an attractive investment for businesses seeking high visibility and a strong customer base in a rapidly growing community. This is a rare opportunity to establish a presence in a high-traffic area with excellent demographics.

    Property Features for 1164 Lapeer Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,444 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,444 SF

    HighLights

    • 1,444 SF retail space at 1164 S Lapeer Rd, Orion Twp, MI 48360.
    • High visibility location across from Meijer and Planet Fitness, with over 40,000 vehicles passing daily.
    • Currently vacant, offering immediate occupancy.
    • Strong demographics: Orion Township's population within a 5‑mile radius grew from 65,743 (2010) to 71,830 (2024).
    • Thriving retail corridor with recent addition of a White Water Car Wash nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kevin Mlynarek: Allstate ... Auto Insurance Agency Allstate Insurance Agency SALON BLUE & SPA Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -83.241881
    Latitude
    42.7656703

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    FAQs

    What type of property is this?
    Retail property - 1,444 SF Retail Space in Orion Twp, MI
    Where is this retail property located?
    The property is located at 1164 Lapeer Rd Orion Township, MI.
    What are key features of this property?
    This property features: 1,444 SF retail space at 1164 S Lapeer Rd, Orion Twp, MI 48360.; High visibility location across from Meijer and Planet Fitness, with over 40,000 vehicles passing daily.; Currently vacant, offering immediate occupancy.
    Request Owner's contact information
    1164 Lapeer Rd Orion Township, MI 48360
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    Orion Township, MI 48360
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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
    1164 Lapeer Rd Orion Township, MI 48360
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