Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4929 Baldwin Rd Orion Township, MI 48359
    Back to Search
    Property profile & analytics

    4929 Baldwin Rd Orion Township, MI 48359

    View on Map
    • Retail properties & Spaces
    • 3,150 SF
    • 0.39 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Aspen Dental - Lake Orion, MI - Auburn Hills / Dental Office
    • Priya Mathews / Dental Office
    • Victoria Lucas-Perry / Dental Office
    • Dr. Rami Ghandour / Dental Office
    • Dr. Derrick Joseph / Dental Office

    Property Details for 4929 Baldwin Rd

    Lot size
    0.39 lot acres
    Property size
    3,150 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail investment opportunity presents a fee-simple ownership interest in a 3,150 square foot building situated on a 0.39-acre lot at 4929 S Baldwin Rd, Orion Township, MI 48359. The property boasts a strong 100% occupancy rate, secured by a 10-year absolute net (NNN) lease commencing June 30, 2024, and expiring June 29, 2034, leaving a substantial 10.1 years remaining lease term. The current tenant is a Sleep Number store, benefiting from its strategic location on Baldwin Road, directly across from the Baldwin Commons Shopping Center, conveniently north of I-75, and near the Great Lakes Crossing Outlets. This prime location ensures high visibility and accessibility within a thriving retail corridor. The property offers a compelling net operating income (NOI) of $132,300, translating to an attractive 6.75% capitalization rate and an asking price of $1,960,000 ($622.22 per square foot). The property is offered free and clear of any encumbrances, presenting a straightforward and attractive investment opportunity. This is a rare chance to acquire a stable, high-performing retail asset in a desirable Michigan location. The property is delivered free and clear.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orion Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3065
    Latitude
    42.7088

    Comparable in this City

    • Value Estimation by Request
      400,000 SF

      Baldwin & Morgan Rds

      Retail properties & Spaces • 400,000 SF
      0 Baldwin & Morgan Rds, Orion Township, MI 48359
      View Details
    • Value Estimation by Request
      8,000 SF

      Baldwin & Morgan Rds

      Retail properties & Spaces • 8,000 SF
      0 Baldwin & Morgan Rds, Orion Township, MI 48359
      View Details
    • Value Estimation by Request
      1,240 SF

      4927 Baldwin Rd

      Office Spaces • 1,240 SF
      4927 Baldwin Rd, Orion charter Township, MI 48359
      View Details
    • Value Estimation
      $2,500,000
      29,530 SF

      3067 Baldwin Rd

      REGIONAL SHOPPING CENTER, MALL • 29,530 SF
      3067 Baldwin Rd, Lake Orion, MI 48359-1028
      View Details
    • Value Estimation
      $3,760,000
      19,076 SF

      475 Brown Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 19,076 SF
      475 Brown Rd, Lake Orion, MI 48359-2143
      View Details
    • Value Estimation
      $970,000
      4,478 SF

      4979 Grand Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,478 SF
      4979 Grand Ave, Lake Orion, MI 48359-4200
      View Details

    Similar Nearby for Sale

    • $3,499,999
      9,210 SF

      6 Bay Truck Repair Facility

      Profitable Truck Repair Facility - Business and Real Estate for Sale
      3880 Baldwin Rd, Lake Orion, MI 48359
      View Details
    • $2,500,000

      Versatile Land Parcel for Development

      17+/- usable acres suitable for various commercial and industrial purposes.
      Lapeer Rd, Lake Orion, MI 48359
      View Details
    • Contact for pricing
      796 SF

      Retail Space Available For Sale

      Retail space with 796 SqFt available for purchase.
      717 Brown Rd, Lake Orion, MI 48359
      View Details
    • Contact for pricing
      472,515 SF

      Detroit Infill Industrial Portfolio

      472,515 SF industrial portfolio in the Detroit MSA.
      320 Engelwood Dr, Lake Orion, MI 48359
      View Details
    • $2,300,000

      Versatile Land Parcel in Orion

      17+/- usable acres zoned for diverse commercial and industrial uses.
      Lapeer Rd, Orion Twp, MI 48359
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Orion Township, Michigan.
      Baldwin & Morgan Rds, Orion Township, MI 48359
      View Details
    • Contact for pricing

      Prime Retail Space in Orion

      Retail and restaurant space in a busy open-air power center.
      4872 S Baldwin Rd, Orion Township, MI 48359
      View Details
    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in Orion Township, Michigan.
      Bald Mountain Rd, Orion Township, MI 48359
      View Details
    • Contact for pricing

      I-75 Corridor Distribution/Manufacturing Building

      Class A building with I-75 access, near GM plant.
      315 W Silverbell Rd, Lake Orion, MI 48359
      View Details
    • Contact for pricing
      50,460 SF

      Orion Charter Township Land Parcel

      Land available for lease in Orion Charter Township.
      50 Kay Industrial Dr, Lake Orion, MI 48359
      View Details
    • Contact for pricing
      72,955 SF

      Orion Township Land For Lease

      Land available for lease in Orion Township, Michigan.
      175 Kay Industrial Dr, Orion Township, MI 48359
      View Details
    Request Owner's contact information
    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.
    4929 Baldwin Rd
    Orion Township, MI 48359
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4929 Baldwin Rd, Orion Township, MI, 48359
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!