Property profile

0 Lapeer Rd Orion Township, MI 48362

OFF-MARKET
Retail properties & Spaces
33.24 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Lot 33.24 ac (1,447,934 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lapeer Rd Orion Township, MI 48362
Orion Township metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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