Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Baldwin & Morgan Rds Orion Township, MI 48359

    • Retail properties
    • 8,000 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Baldwin & Morgan Rds

    Property size
    8,000 SF
    Property type
    Retail properties

    Description

    This exceptional retail property, located at the prominent intersection of Baldwin and Morgan Roads in Orion Township, Michigan, offers 8,000 square feet of versatile commercial space. Currently fully vacant, this presents a unique opportunity for businesses seeking immediate occupancy. The property is configured to accommodate multiple tenants, with spaces ranging from a minimum of 3,500 square feet to a maximum contiguous space of 4,500 square feet. This flexibility allows for a variety of business models and expansion plans. Situated in the thriving Oakland County market, this location benefits from high visibility and excellent access to major roadways, ensuring strong foot traffic and convenient accessibility for customers. The property's ample square footage provides significant potential for a variety of retail uses, making it an ideal investment for businesses seeking a prime location in a dynamic and growing community. The zip code is 48359. This is a multi-tenant property, perfect for businesses looking to establish a presence in a high-traffic area of Orion Township. The property is ready for immediate occupancy. Contact us today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orion Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3074
    Latitude
    42.7111

    Comparable in this City

    • Value Estimation by Request
      400,000 SF

      Baldwin & Morgan Rds

      Retail properties • 400,000 SF
      0 Baldwin & Morgan Rds, Orion Township, MI 48359
      View Details
    • Value Estimation by Request
      1,240 SF

      4927 Baldwin Rd

      Office Properties & Spaces • 1,240 SF
      4927 Baldwin Rd, Orion charter Township, MI 48359
      View Details
    • Value Estimation by Request
      3,150 SF

      4929 Baldwin Rd

      Retail properties • 3,150 SF
      4929 Baldwin Rd, Orion Township, MI 48359
      View Details
    • Value Estimation
      $1,625,000
      7,579 SF

      4999 Grand Ave

      RESTAURANT • 7,579 SF
      4999 Grand Ave, Lake Orion, MI 48359-4200
      View Details
    • Value Estimation
      $4,295,000
      23,374 SF

      4920 Baldwin Rd

      RETAIL STORES (PERSONAL SERVICES) • 23,374 SF
      4920 Baldwin Rd, Lake Orion, MI 48359-2116
      View Details
    • Value Estimation
      $3,710,000
      43,760 SF

      3599 Baldwin Rd

      REGIONAL SHOPPING CENTER, MALL • 43,760 SF
      3599 Baldwin Rd, Lake Orion, MI 48359-1505
      View Details

    Similar Nearby for Sale

    • $2,500,000
      33 SF

      Versatile Land Parcel for Development

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

      Orion Township Industrial Property

      Massive Distribution Center - 292,500 SF
      4285 Lapeer Rd, Orion Township, MI 48359
      View Details
    • $130,000

      Established Restaurant in Oakland County

      Turn-key restaurant for sale with growth potential.
      111 Oakland Rd, Lake Orion, MI 48359
      View Details
    • $295,000
      20.00 Acres

      20-Acre Commercial Land in Orion Twp.

      Prime Commercial Land: 20 Acres, Municipal Utilities.
      2200-3298 Judah Rd, Orion Township, MI 48359
      View Details
    • $1,390,000
      2.78 Acres

      Estes Drive Commercial Land

      2.78 Acres, High-Visibility Retail Site
      0 Estes Dr, Orion Township, MI 48359
      View Details
    • Contact for pricing
      0.47 Acres

      Orion Twp Commercial Land Parcels

      Prime Oakland County land, redevelopment opportunity.
      0 Brown Rd, Orion Township, MI 48359
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,000 SF

      Prime Orion Twp Retail Space

      8,000 SF Retail, Multiple Units Available
      0 Baldwin & Morgan Rds, Orion Township, MI 48359
      View Details
    • $16 SF/Yr
      9,167 SF

      Lake Orion Office Space Available

      1,100 SF Office, High Visibility
      3890 Joslyn Rd, Orion Township, MI 48359
      View Details
    • Contact for pricing
      400,000 SF

      Baldwin Village Retail Spaces

      Prime Oakland County retail space available.
      0 Baldwin & Morgan Rds, Orion Township, MI 48359
      View Details
    • Contact for pricing
      1,240 SF

      Prime Orion Township Office Space

      1,240 SF Executive Office Suite Available
      4927 Baldwin Rd, Orion charter Township, MI 48359
      View Details
    • $1,500 /Mo
      1,200 SF

      Lake Orion Retail Space Available

      Retail unit for lease in high-traffic Lake Orion area.
      3898 Joslyn Rd, Lake Orion, MI 48359
      View Details
    • Contact for pricing
      1,223 SF

      Meijer In-Store Retail Space

      Auburn Hills Retail Space Available
      800 Brown Rd, Auburn Hills, 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.
    Baldwin & Morgan Rds
    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

    Google sign-in failed. Please try again or use another login method.