You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Land

141 W Elizabeth St Lake Orion, MI 48362

0.73 ac lot
Property ID
US43-4411736
Property summary
AI-generated overview

This exceptional 0.73-acre land parcel in Orion Township, Michigan, presents a unique opportunity for developers and investors. Located at 141 W Elizabeth St, 48362, this property boasts fully approved permits for the construction of up to sixteen luxury apartments. Situated in the heart of Lake Orion, it offers unparalleled convenience, with walking distance access to the charming downtown area, all sports Lake Orion, and numerous amenities including restaurants, Kroger, Meijer (including a new specialty produce market), and parks. The property's prime location is further enhanced by its proximity to major developments and Great Lakes Crossing (approximately 7 miles). This turnkey opportunity eliminates the lengthy permitting process, allowing for immediate commencement of construction. The seller may consider build-to-suit options or act as project manager, and seller financing may be available. The surrounding area features multi-million dollar developments, indicating a strong and promising return on investment. This is a rare chance to create a landmark development in a highly desirable and thriving Michigan community.

Property profile
Verified
Property type Land
Lot 0.73 ac (31,799 SF)
UPID US43-4411736
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message