4196 Orch LkOrchard Lake, MI 48323

  • Retail properties
  • 7,100 SF
Off market
$8,115,320 Estimated

Property Details for 4196 Orch Lk

Year built
1960
Lot size
0.81 AC
Property size (Sq ft)
7,100 SF
Zone code
ZONE 6
Property type
Retail properties
Property subtype
Turn key restaurants
APN
56-18-15-428-022
APU
561815428022

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,786,688
    6.5%
    $1,649,251
    7%
    $1,531,447
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,673,618
    Geo Method
    $1,673,618
  • Alternative Use

    Use
    Valuation
    Residential
    $1,391,205
    Hospitality
    $1,274,336
    Educational
    $1,060,233
    Medical
    $1,096,696
    Retail
    $1,649,251
4196 Orch Lk, Orchard Lake, Michigan
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Location Insight

City
Orchard Lake
County
Oakland
State
Michigan
Latitude
42.577
Longitude
-83.3631
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
$26,269
-
-
$648,250
-
-
-
$1,296,500

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