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Versatile Land Parcel for Development
For Sale
$2,500,000

Lake Orion, MI 48359, Lake Orion, MI 48359

17+/- usable acres suitable for various commercial and industrial purposes.

Property Size33 SF
Lot Size33.00 Acres
Price / SF$75,757
Days on Market205

Property Features

General Information

Standard status Active
Size 33 SF
Lot size 33.00 Acres
Property subtype Land
Listing Agency: Signature Associates Southfield
Listed By: Kris Pawlowski · License #6502132725
Source: Tcnworldwide
Added: Jan 27 Changed: Aug 20 Last Checked: Aug 20 at 5:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates Southfield

Investment Insights

Based on property information with market context.

This property features a natural wetland setting with approximately 17 net usable acres. It is situated in an area experiencing increased density, residential development, and new retail construction. Zoned OP-2, the site accommodates a range of uses, including industrial, medical, retail, research & development, office, and senior housing. Special land use provisions also permit light industrial applications such as injection molding, machining, light assembly, and mini storage. The location is just north of Silverbell Road on the west side of Lapeer Road, near Cobasys. Infrastructure includes 15-inch sewer and 16-inch water mains available at the site. The property is suitable for a medical campus with Lapeer Road frontage for retail or light industrial/R&D developments. Its location offers convenient access to GM Orion, the CTC, tiered suppliers in Auburn Hills, and the future Amazon Distribution Center in Pontiac. Self-storage facilities are permitted under the current zoning regulations.

Key Highlights

  • 17 +/- net usable acres in a high‑growth corridor.
  • Zoned OP‑2, allowing for diverse uses: industrial, medical, retail, research & development, office, and senior housing.
  • Special land use allows for light industrial uses and mini storage.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 48359, MI

9,939
Population
4,477
Households
2.2
Avg Household Size
36
Median Age
52%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
912
Density / Sq Mi
$94,618
Median Household Income
$50,657
Median Earnings
$1,360
Median Rent
$329,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 17+/- usable acres suitable for various commercial and industrial purposes.
Where is this commercial land located?
The property is located at Lake Orion, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 17 +/- net usable acres in a high‑growth corridor.; Zoned OP‑2, allowing for diverse uses: industrial, medical, retail, research & development, office, and senior housing.; Special land use allows for light industrial uses and mini storage.
More about this property
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