1455 S Lapeer Rd, Lake Orion, MI 48360
For Lease
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Lake Orion, MILake Orion. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.