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    OFF-MARKET
    Commercial land

    1237 Ortonville Rd, Ortonville, MI 48462-8547

    1.36 ac lot
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1462576
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Mcr Real Estate LLC · 4 yrs held
    Mcr Real Estate LLC
    since 2022
    Last sale
    $99,900
    2 recorded transactions
    2022
    $99,900
    2020
    Zoning & alternative use
    AI · Ortonville, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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