Property profile

1221 Ortonville Rd Ortonville, MI 48462

OFF-MARKET
Office buildings
Property ID
US43-1724010
3,480 SF 0.72 ac lot Built 1992
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Total area 3,480 SF
Lot 0.72 ac (31,363 SF)
Zoning code AI
APN D -03-19-127-006
UPID US43-1724010

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
  • Medical Clinic
  • Dental Office
  • Dental Office
  • Physician
  • Physician

Location

1221 Ortonville Rd Ortonville, MI 48462-8676
Ortonville metro Census 122700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$580k
Blend (final) Blend
$440k

Owner & transaction history

since 2019
4 recorded transactions
2024
Price N/A
2019
$475,000
2019
$25,000
2000
Price N/A

Zoning & alternative use

AI · Ortonville, MI
Top alternative use upside
Commercial (general) $615,000 +50.2%
Retail stores $585,000 +43.9%
Medical building $550,000 +34.6%

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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