Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    118 Indianwood Rd Orion Township, MI 48362

    Sponsored
    For Sale
    $4,000,000

    40,016 SF, 6 Units, $4M Asking

    Property size:
    40,016 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 4.13-acre property in Orion Township, Michigan, presents a unique investment opportunity. The main building, constructed in 1945, offers a substantial 40,016 square feet of combined office and warehouse space, divided into six individual units. The property is zoned to allow for additional development, capitalizing on the ample land available. Currently, there are several units available for lease, ranging in size from 3,500 to 11,000 square feet, providing immediate income potential. The property boasts ample parking, catering to both tenants and employees. Its strategic location offers convenient access to major transportation routes, with M24 Lapeer Road just a minute's drive away. The existing industrial building provides significant space for various uses, while the expansive lot allows for future expansion or redevelopment. Outdoor storage is also available, adding to the property's versatility and appeal. This property is ideal for investors seeking a multi-faceted asset with strong potential for growth and immediate rental income. The asking price for this substantial property is $4,000,000. The property's address is 118 Indianwood Rd, Orion Township, MI 48362.

    Property Features for 118 Indianwood Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    40,016 SF
    Lot Size
    179,903 SF

    Building Details

    Year Built
    1945
    Units
    6

    HighLights

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

    Nearby Comparable

    • $2,300,000
      33.24 Acres

      Orion Township Industrial Land

      33 Acres, Flexible Zoning, Prime Location
      0 Lapeer Rd, Orion Township, MI 48362
      View Details
    • $2,300,000

      Lake Orion Land Opportunity

      Land available in a growing corridor near major developments.
      Lapeer Rd, Lake Orion, MI 48362
      View Details
    • $425,000

      Prime Land Near Lake Orion

      1.92 acres with frontage on Lapeer Road.
      0000 S Lapeer Rd, Lake Orion, MI 48362
      View Details
    • $399,000
      0.08 Acres

      Downtown Orion Commercial Land

      Rare 0.08-acre lot, prime location.
      35 Broadway St, Orion Township, MI 48362
      View Details
    • $275,000

      Lake Orion Specialty Property

      Specialty property available for sale in Lake Orion, Michigan.
      27 S Broadway St, Lake Orion, MI 48362
      View Details
    • Contact for pricing

      Land with Lake Orion Views

      Land offering lake views, ideal for recreation or investment.
      0000 Garden Dr, Lake Orion, MI 48362
      View Details
    • Contact for pricing

      Waterfront Land on Lake Orion

      Vacant land with 30 feet of water frontage.
      00 Heights Rd, Lake Orion, MI 48362
      View Details
    • $149,900

      Profitable Tubby's Sub Franchise Opportunity

      Highly successful Tubby's Sub franchise in prime downtown location.
      700 S Lapeer Rd, Lake Orion, MI 48362
      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 48362
      View Details
    • Contact for pricing

      Land For Sale Oxford

      Land available for sale in Oxford, Michigan.
      1059 Iroquois Trl, Oxford, MI 48371
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      14,448 SF

      Lake Orion Office Building For Sale/Lease

      14,448 SF Office Space, Ample Parking
      1520 Lapeer Rd, Orion Township, MI 48360
      View Details
    • Contact for pricing
      155,000 SF

      Auburn Hills Tech Park Office Space

      Prime Oakland County office space, build-to-suit available.
      0 Bald Mountain Rd, Orion Township, MI 48359
      View Details
    • Contact for pricing
      150,000 SF

      Prime Orion Twp Distribution Center

      150,000 SF Distribution Facility, 13.5 Acres
      0 Bald Mountain Rd, Orion Township, MI 48359
      View Details

    FAQs

    What type of property is this?
    Distribution property - 40,016 SF, 6 Units, $4M Asking
    Where is this distribution property located?
    The property is located at 118 Indianwood Rd Orion Township, MI.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 4-acre lot in Orion Township, MI.; 40,016 SF industrial building.; Potential for additional development.
    Request Owner's contact information
    118 Indianwood Rd Orion Township, MI 48362
    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.
    118 Indianwood Rd
    Orion Township, MI 48362
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.