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    FOR SALE
    Office buildings

    1520 S Lapeer Rd, Orion Township, MI 48360

    14,464 SF 1.42 ac lot Built 1987
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US43-0225046
    Property summary
    AI-generated overview

    This exceptional 14,448 square foot office building in Orion Township, Michigan, presents a fantastic opportunity for businesses seeking a prime location just south of Downtown Lake Orion. The property, situated at 1520 S Lapeer Rd, zip code 48360, offers a variety of leasing options to suit diverse needs. Available spaces range from cozy 250 square foot executive suites to larger 900 square foot units, providing flexibility for businesses of all sizes. The building includes a shared conference room, a valuable asset for meetings and presentations. Ample on-site parking ensures convenient access for employees and clients. This property is ideally suited for owner-occupancy, offering a blend of space and location advantages. Its traditional office layout provides a professional and efficient work environment. The building's location in Oakland County, Michigan, offers easy access to major transportation routes and amenities. Whether you're looking to purchase or lease, this property represents a compelling investment opportunity in a thriving community. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1987
    Total area 14,464 SF
    Lot 1.42 ac (61,855 SF)
    Zoning code BI
    APN O -09-14-300-046
    UPID US43-0225046
    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
    Current use
    Occupant on record · Public records
    • North Track Digital Advertising Agency Marketing & Advertising
    • Padgett Business Services Accounting Firm Tax Preparation
    • Traditional Thai Massage & Wellness Llc Alternative Medicine Practice Spa & Massage Center
    • Superior Logistics Solutions / TForce Worldwide - DTW Shipping Company Freight Service
    • MyEar Inc Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.61M
    Blend (final) Blend
    $1.36M
    Owner & transaction history
    River Rock Partners LLC · 11 yrs held
    River Rock Partners LLC
    since 2014
    3 recorded transactions
    2014
    1969
    1969
    Zoning & alternative use
    BI · Lake Orion, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.8M +4.5%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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