Property profile

1164 Lapeer Rd Orion Township, MI 48360

OFF-MARKET
Retail properties & Spaces
1,444 SF
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Property summary

AI-generated overview

This exceptional 1,444-square-foot retail space is ideally situated at 1164 S Lapeer Rd in Orion Township, Oakland County, Michigan, zip code 48360. The single-tenant property offers high visibility and accessibility, boasting a prime location directly across Lapeer Road from a Meijer and Planet Fitness. This ensures significant daily traffic, with over 40,000 vehicles passing by daily. The entire space is currently vacant, presenting a unique opportunity for immediate occupancy. The property benefits from its placement within a thriving retail corridor experiencing substantial growth. Orion Township's population within a 5-mile radius has increased from 65,743 in 2010 to 71,830 in 2024, indicating a strong and expanding market. Further enhancing the location's appeal is the recent addition of a new White Water Car Wash just north of the property. This adds to the already robust commercial activity in the immediate vicinity. The property's 1,444 square feet provide ample space for a variety of retail uses, making it an attractive investment for businesses seeking high visibility and a strong customer base in a rapidly growing community. This is a rare opportunity to establish a presence in a high-traffic area with excellent demographics.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,444 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency
  • Hair Salon

Location

1164 Lapeer Rd Orion Township, MI 48360
Orion Township metro
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Value estimations

Realmo proprietary · 4 methods
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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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