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    Lapeer Rd Orion Township, MI 48362

    Sponsored
    For Sale
    $2,300,000

    33 Acres, Flexible Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 33.24-acre parcel in Orion Township, Michigan, presents a unique investment opportunity. Located on Lapeer Road, the property boasts a natural wetland setting, yielding approximately 17 usable acres. The OP-2 zoning allows for a diverse range of uses, including industrial, medical, retail, research and development, office, and senior housing. Permitted light industrial uses specifically include injection molding, machining, light assembly, and mini-storage. The site's strategic location offers unparalleled access to major employers and transportation arteries. Its proximity to GM Orion, CTC, Auburn Hills suppliers, and the future Amazon Distribution Center in Pontiac ensures high visibility and strong potential for growth. Existing infrastructure includes 15-inch sewer and 16-inch water mains at the site. The property's versatility makes it ideal for a mixed-use development, such as a medical campus incorporating retail or light industrial space along Lapeer Road, complemented by R&D facilities. The asking price is $2,300,000. The APN is 09-26-300-008. This is a rare opportunity to acquire a large, strategically located parcel in a rapidly developing area. The property is situated just north of Silverbell Road, west of Lapeer Road, and north of Cobasys.

    Property Features for 0 Lapeer Rd

    General Information

    Property type
    Land
    Lot Size
    1,447,934 SF

    HighLights

    • 33.24‑acre parcel available in Orion Township, MI.
    • Approximately 17 usable acres after wetland considerations.
    • OP‑2 zoning allows for industrial, medical, retail, R&D, office, and senior housing.
    • Suitable for light industrial uses such as injection molding, machining, light assembly, mini‑storage, and medical/senior housing.
    • Excellent location for a medical campus with Lapeer Road frontage for retail or light industrial/R&D.
    • Prime location near GM Orion, CTC, Auburn Hills suppliers, and the future Pontiac Amazon Distribution Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Orion Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2464216
    Latitude
    42.7932086

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    FAQs

    What type of property is this?
    Land - 33 Acres, Flexible Zoning, Prime Location
    Where is this land located?
    The property is located at Lapeer Rd Orion Township, MI.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: 33.24-acre parcel available in Orion Township, MI.; Approximately 17 usable acres after wetland considerations.; OP-2 zoning allows for industrial, medical, retail, R&D, office, and senior housing.
    Request Owner's contact information
    Lapeer Rd Orion Township, MI 48362
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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
    Lapeer Rd Orion Township, MI 48362
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