Property profile

1237 Ortonville Rd Ortonville, MI 48462

OFF-MARKET
Commercial land
Property ID
US43-1462576
1.36 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.36-acre commercial land parcel presents a compelling investment opportunity in the thriving Brandon Township, Michigan. Located at 1237 S Ortonville Rd, this property boasts a highly desirable C-2 zoning classification, permitting a wide range of commercial uses. Its prime location on Ortonville Road (M-15) ensures exceptional visibility and accessibility for businesses, attracting a substantial customer base from both the local community and commuters. The site's ample space allows for the development of a drive-thru facility and extensive parking, making it particularly well-suited for a quick-service restaurant (QSR) or similar retail establishment. The strong demographic profile of the surrounding area, with a high household income within a 5-mile radius, further underscores the property's significant potential for return on investment. This is a rare chance to acquire a strategically located commercial lot in a growing market, offering substantial upside for the discerning investor. The property's address is 1237 S Ortonville Rd, Brandon Township, Oakland County, MI 48462. The latitude and longitude coordinates are 42.833043, -83.445026 respectively. This vacant land is ready for development and presents a unique opportunity to build a thriving business.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.36 ac (59,242 SF)
Zoning code AI
APN D -03-19-127-003
UPID US43-1462576

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1237 Ortonville Rd Ortonville, MI 48462-8547
Ortonville metro Census 122700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2022
Last sale
$99,900
2 recorded transactions
2022
$99,900
2020
Price N/A

Zoning & alternative use

AI · Ortonville, MI

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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