Financial
Distress signals
Property profile

3048 W Clarkston Rd Lake Orion, MI 48362

FOR SALE
Office buildings
Property ID
US43-5203803
2,700 SF 0.57 ac lot Built 1948
Last sale Sep 2025 · $415,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of 2,700 square feet of office space configured with five private offices and a large open bullpen area with cubicles, along with executive office furniture. It includes storage areas, two bathrooms, and a kitchenette. The location is described as within the Supervisor's Plat of Buckner Acres and Walton Farms: the southerly 400 feet of Lot 53, excluding the westerly 25 feet and the easterly 65 feet, in Township 4 North (T4N), Range 10 East (R10E), Section 8.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$183k
Effective rate2.45%

Value estimate

· Sep 2026
$260k
$234k – $286k
NOI build-up
Gross scheduled income$16k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 1.86% cap applied$9k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 427 recorded sales of this use type
Observed band · Q1–Q3$71 – $167
Qualifying comparables9

Cap rate analysis

How does the asset earn?
1.86%
$9k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.1
Restaurant13.0
Dental Office12.7

Location

3048 W Clarkston Rd Lake Orion, MI 48362
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
334 Broadway, Lake Orion, MI 48362-2796 $480,000 Jan 2025 2,213 SF
107 Lapeer, Lake Orion, MI 48362-3161 $463,000 Apr 2023 3,025 SF
45 Lapeer, Lake Orion, MI 48362-3159 $325,000 Jun 2022 2,510 SF
30 Broadway, Lake Orion, MI 48362-3100 $525,000 Dec 2021 2,320 SF
1725 Clarkston, Lake Orion, MI 48362-3922 $190,000 Jun 2019 2,303 SF
18 Broadway, Lake Orion, MI 48362-3108 $650,000 Jan 2019 2,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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