1455 S Lapeer Rd Lake Orion, MI 48360
Property Lookup
Property profile & analytics
1455 S Lapeer Rd Lake Orion, MI 48360
- Medical Office Space
- 65,938 SF
- 5.90 lot acres
Property ID
US43-0898698
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Corewell Health Beaumont Troy Hospital Nuclear Medicine - Lake Orion / Medical Clinic
- Corewell Health Beaumont Troy Hospital Heart & Vascular Assessment - Lake Orion / Medical Clinic
- Momin Center / Medical Clinic
- Bald Mountain Behavioral Medicine / Counselor / Addiction Treatment Center
- Dr. John Kitzmiller / Pediatrician / Physician
Property Details for 1455 S Lapeer Rd
- Year built
- 2005
- Lot size
- 5.90 lot acres
- Property size
- 65,938 SF
- Zone code
- BI
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- O -09-14-251-019
- APU
- O0914251019
Description
This exceptional Class A medical office building, totaling 85,000 square feet, presents a unique investment opportunity in the thriving Lake Orion, Michigan market. Located at 1455 S Lapeer Rd, Orion Twp, MI 48360, this two-story, two-building complex boasts 22 suites, with 29,220 square feet currently available. Suite sizes range from a minimum of 539 square feet to a maximum contiguous space of 4,075 square feet, offering flexibility for various medical practices. Built in 2004 and renovated in 2023, the property features ample parking (100 spaces) and elevators for convenient access. The property sits on six acres of land and benefits from excellent visibility on South Lapeer Road (M-24), a major thoroughfare with over 36,000 vehicles daily. Its strategic location, just six miles north of I-75, provides easy access for patients and staff. The surrounding area is a robust retail hub, with over 5.4 million square feet of retail space within a five-mile radius, including major national retailers like Costco, Home Depot, and Target, and is seven miles from the 1.4 million square foot Great Lakes Crossing Mall. The property is zoned for medical use and is situated in a high-growth area with a population of 73,330 within a five-mile radius, boasting an average household income of $133,623 and 26,671 households. This prime location and modern amenities make this property an ideal choice for medical professionals seeking a high-profile presence in a thriving community. Oakland County zoning ensures a stable and supportive environment for medical businesses.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $11,668,000
- AI Estimate
- $7,384,000
Market price range: $6.56M - $15.1MMarket price range: $2.67M - $10.6M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $10,410,000 Current use
- COMMERCIAL (GENERAL)
- $11,615,000 Change: +12% Conversion: Easy
- RESTAURANT
- $11,415,000 Change: +10% Conversion: Difficult
- RETAIL STORES
- $11,130,000 Change: +7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lake Orion
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2424
- Latitude
- 42.7603
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$276,694
$0.00
$0.00
$4,435,610
-
$0.00
$0.00
$8,871,220
