Financial
Distress signals
Property profile

1101 Rhodes Rd Lake Orion, MI 48360

OFF-MARKET
Other commercial real estate
Property ID
US43-5251039
6,250 SF 3.17 ac lot Built 1960
Last sale Jul 2004 · $1,285,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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 is located in a suburban area and consists of an industrially zoned parcel with approximately 5 acres of fenced yard space surfaced with gravel and millings. On the site is a renovated 6,250-square-foot steel shop building with insulation, climate control, thick concrete floors, and five drive-in overhead doors measuring approximately 14 feet by 12 feet. Also included is a single-family residence on approximately 3.5 acres that is occupied; the home could remain in use or be

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?
$9k
Tax billed · 2023
Assessed value · 2024$193k
Effective rate4.65%

Value estimate

· Sep 2026
$1.37M
$1.23M – $1.51M
Submarket $/SF estimate$744k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$176/SF
County average, outlier-cleaned · 344 recorded sales of this use type
Observed band · Q1–Q3$119 – $256
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
II
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 agency18.9
Building Supply14.5
Spa & Massage12.0

Location

1101 Rhodes Rd Lake Orion, MI 48360-1107
County assessor Recorded deeds · 2 transfers 10 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

1 recorded sale · 3 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
62 Scripps, Lake Orion, MI 48360-2116 $350,000 Jan 2024 3,262 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
3 properties of the same type nearby
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