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    440 Ortonville Rd Ortonville, MI 48462

    Sponsored
    For Sale
    $248,500

    6-Acre Commercial Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5.91-acre commercial land parcel presents a compelling investment opportunity in Ortonville, Michigan. Located at 440 Ortonville Road, this property boasts significant frontage on M-15, offering unparalleled visibility and accessibility. The land is zoned AI and features two existing buildings currently operating at 100% occupancy. While the exact square footage of the buildings is not specified, the combined area is substantial. The property's prime location offers easy access to major thoroughfares, including I-75 and I-69, ensuring convenient transportation for both businesses and customers. Its strategic position across the street from the intersection of M-15 and South Street, and directly opposite an A&W restaurant, guarantees high traffic volume and excellent brand exposure. This property presents a unique opportunity for investors seeking a stable, income-generating asset with significant potential for future development or continued operation in its current state. The sale is confidential, and direct contact with tenants is strictly prohibited. The APN is 03-18-151-002. This is a rare chance to acquire a well-positioned commercial property in a thriving Oakland County location. The asking price is $248,500.

    Property Features for 440 Ortonville Rd

    General Information

    Property type
    Land
    Lot Size
    257,440 SF

    HighLights

    • 5.91‑acre commercial land parcel in Ortonville, MI.
    • High‑visibility location on M‑15 with significant frontage.
    • Zoned AI with two fully occupied buildings.
    • Excellent access to I‑75 and I‑69.
    • High traffic volume location across from M‑15/South Street intersection and an A&W.
    • APN: 03‑18‑151‑002. Asking price: $248,500.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ortonville
    County
    Oakland
    State
    Michigan
    Longitude
    -83.453601
    Latitude
    42.8575376

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    FAQs

    What type of property is this?
    Land - 6-Acre Commercial Land, High Visibility
    Where is this land located?
    The property is located at 440 Ortonville Rd Ortonville, MI.
    What is the asking price?
    The asking price for this property is $248,500.
    What are key features of this property?
    This property features: 5.91-acre commercial land parcel in Ortonville, MI.; High-visibility location on M-15 with significant frontage.; Zoned AI with two fully occupied buildings.
    Request Owner's contact information
    440 Ortonville Rd Ortonville, MI 48462
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    Ortonville, MI 48462
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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
    440 Ortonville Rd Ortonville, MI 48462
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