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    780-820 Lapeer Rd Orion Township, MI 48362

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Retail Space, High Visibility, Recent Upgrades

    Lot size:
    26,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Buckhorn Plaza, located at 780-820 S Lapeer Rd in Orion Township, Michigan, presents a unique opportunity for retail businesses. This single-story, Class B strip center totaling 26,280 square feet offers excellent visibility and accessibility. The property boasts a prime location, situated north of Clarkston Road and west of M24, a major thoroughfare with over 42,000 cars passing daily, ensuring high traffic exposure for your business. The building, constructed in 1990, features seven suites, with a minimum divisible space of 2,989 square feet and a maximum contiguous space of 9,488 square feet. Currently, 13,343 square feet of retail space is available. The property sits on a 3.8-acre lot and includes ample parking with 100 spaces. Recent improvements include a new roof, exterior painting, and landscaping, enhancing the property's curb appeal and functionality. The property is zoned commercial (APN: 0911476019) and is located in Oakland County, Michigan, zip code 48362. This is an exceptional opportunity to establish or expand your retail presence in a thriving community. No elevators are present on the property.

    Property Features for 780-820 Lapeer Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,280 SF
    Class
    B
    Total Rate
    28360.5

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    798
    Size
    3,300 SF
    Rate per SF
    $12

    HighLights

    • Excellent visibility from a prime location.
    • Recently renovated with a new roof, exterior paint, and landscaping.
    • High traffic count: over 42,000 vehicles daily on nearby M‑24.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    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
    -83.238772689259
    Latitude
    42.771246711058

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, High Visibility, Recent Upgrades
    Where is this neighborhood center located?
    The property is located at 780-820 Lapeer Rd Orion Township, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Excellent visibility from a prime location.; Recently renovated with a new roof, exterior paint, and landscaping.; High traffic count: over 42,000 vehicles daily on nearby M-24.
    Request Owner's contact information
    780-820 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
    780-820 Lapeer Rd Orion Township, MI 48362
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