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    Property profile & analytics

    2267 Orchard Lake Rd Sylvan Lake, MI 48320

    • Individual retail properties
    • 2,573 SF
    • 0.23 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $235,000
    Last Sale
    Jul 28, 2020
    $206,000
    Location Intelligence
    Property ID
    US43-5296074
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Martinizing Cleaners / Dry Cleaner / Clothing Alteration Service

    Property Details for 2267 Orchard Lake Rd

    Year built
    1957
    Lot size
    0.23 lot acres
    Property size
    2,573 SF
    Zone code
    BI
    Property type
    Individual retail properties
    APN
    X -18-01-277-029
    APU
    X1801277029

    Description

    This single-tenant retail building, located at 2267 Orchard Lake Road in Sylvan Lake, Michigan, presents a compelling opportunity for business owners and investors. The property boasts a total of 2,573 square feet situated on a 0.23-acre lot. Built in 1957, the single-story structure is zoned B-3, offering flexibility for a variety of commercial uses. Currently vacant, the entire 2,573 square feet is available for immediate occupancy. The building's previous use was a dry cleaner's, and some equipment may remain. This presents a unique chance for an owner-user to establish their business in a high-traffic area or for a developer to envision a new project. The property's location on busy Orchard Lake Road in Oakland County, Michigan (zip code 48320) ensures high visibility and accessibility. The property's address is 2267 Orchard Lake Rd, Sylvan Lake, MI 48320. Interested parties should note that the current tenant's lease is expiring, and direct contact with them is discouraged. This presents a clean slate for a new business venture or redevelopment. The property's coordinates are 42.6114557 latitude and -83.3277082 longitude.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $195,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $200,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $160,000
      Retail
      $200,000
      Mixed-Use
      $165,000
      Hospitality
      $210,000
      Educational
      $185,000
      Residential Income
      $215,000
      Energy
      $160,000
      Income-Based Land
      $210,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Sylvan Lake
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3276
    Latitude
    42.6114
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,116
    $0.00
    $0.00
    $141,810
    -
    $0.00
    $0.00
    $283,620

    Comparable in this City

    • Value Estimation
      $390,000
      2,668 SF

      2066 Cass Lk Rd

      BARBER, HAIR SALON • 2,668 SF
      2066 Cass Lk Rd, Keego Harbor, MI 48320-1237
      View Details
    • Value Estimation
      $150,000
      2,962 SF

      2630 Orch Lk Rd

      DRY CLEANER • 2,962 SF
      2630 Orch Lk Rd, Sylvan Lake, MI 48320-1537
      View Details
    • Value Estimation by Request
      1,338 SF

      3087 Orch Lk Rd

      BARBER, HAIR SALON • 1,338 SF
      3087 Orch Lk Rd, Keego Harbor, MI 48320-1246
      View Details
    • Value Estimation by Request
      2,387 SF

      2277 Orch Lk Rd

      CONVENIENCE STORE • 2,387 SF
      2277 Orch Lk Rd, Sylvan Lake, MI 48320-1751
      View Details
    • Value Estimation by Request
      1,368 SF

      2695 Orch Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,368 SF
      2695 Orch Lk Rd, Sylvan Lake, MI 48320-1444
      View Details
    • Value Estimation by Request
      1,316 SF

      3195 Orch Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,316 SF
      3195 Orch Lk Rd, Keego Harbor, MI 48320-1250
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,448 SF

      Keego Harbor Freestanding Building

      Freestanding building on Orchard Lake Road, suitable for auto repair.
      2887 Orchard Lake Rd, Keego Harbor, MI 48320
      View Details
    • $399,000
      2,573 SF

      Sylvan Lake Retail Building

      Prime Orchard Lake Rd location. Owner-user opportunity.
      2267 Orchard Lake Rd, Sylvan Lake, MI 48320
      View Details
    • $1,265,317

      West Bloomfield Office Buildings For Sale

      Two office buildings with new flooring and HVAC for sale.
      2177 Orchard Lake Rd, Keego Harbor, MI 48320
      View Details
    • $49,000
      Pending

      Residential Land in Keego Harbor

      Cleared residential building site with Cass Lake privileges.
      2428 Willow Beach St, Keego Harbor, MI 48320
      View Details
    • $500,000

      Keego Harbor Specialty Property

      Specialty property available for sale in Keego Harbor, MI.
      2952 Prynne St, Keego Harbor, MI 48320
      View Details
    • Contact for pricing
      3,683 SF

      Freestanding Building on Orchard Lake Road

      3,683 SF building on 0.39 acres with ample parking.
      2881 Orchard Lake Rd, Keego Harbor, MI 48320
      View Details

    Similar Nearby for Lease

    • $13,067 /Mo

      Former Rite Aid with Drive-Thru

      Hard-corner retail space with drive-thru, excellent visibility and access.
      3000 Orchard Lake Rd, Keego Harbor, MI 48320
      View Details
    • Contact for pricing
      2,675 SF

      Keego Harbor Office Suites Available

      Modern Offices, Flexible Sizes, Oakland County
      1899 Orchard Lake Rd, Keego Harbor, MI 48320
      View Details
    • $15 SF/Yr
      2,573 SF

      Sylvan Lake Retail Building For Sale

      Prime Orchard Lake Road location, 2,573 sq ft, ideal for owner-user.
      2267 Orchard Lake Rd, Sylvan Lake, MI 48320
      View Details
    • Contact for pricing
      1,963 SF

      Sylvan Lake Restaurant w/Drive-Thru

      Prime Retail Space, Excellent Visibility
      2635 Orchard Lake Rd, Sylvan Lake, MI 48320
      View Details
    • Contact for pricing
      80,578 SF

      Sylvan Lake Industrial Park Investment

      Multi-use industrial space, Oakland County.
      2655-2683 Orchard Lake Rd, Sylvan Lake, MI 48320
      View Details
    • Contact for pricing
      415,562 SF

      Sylvan Lake Commercial Land Opportunity

      9.54 Acres, Build-to-Suit Potential
      2000 Orchard Lake Rd, Sylvan Lake, MI 48320
      View Details
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    Sylvan Lake, MI 48320
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    Realmo Value Estimation

    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.

    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.

    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
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