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Property profile & analytics

1580 N Ortonville Rd N Ortonville, MI 48462

  • Commercial real estate
  • 7.83 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-0022312
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.

Current Use by Public Records

  • Commercial real estate

Property Details for 1580 N Ortonville Rd N

Lot size
7.83 lot acres
Property type
Commercial real estate

Description

This exceptional 7.83-acre commercial and residentially-zoned land parcel presents a remarkable development opportunity in Oakland County, Michigan. Boasting 658 feet of frontage on M15 and 828 feet on Ray Road, this high-visibility corner lot offers unparalleled exposure. The property's rolling hills allow for a "walk-out" building design, maximizing usability and aesthetics. Existing improvements include a pavilion, pole barn, and pond. The site is ideally suited for a variety of uses, including senior living facilities, churches, medical offices, or other commercial ventures. With a 2020 SEMCOG traffic count of 13,600 AADT on M15, this location guarantees significant traffic flow. The surrounding area boasts a strong economic foundation, with a median household income of $101,862 and a median home value of $299,100 (2018-2022 data). Groveland Township, part of the affluent Oakland County—one of the wealthiest in the US—provides a thriving community with 2,408 households (2018-2022 data). Dual entrances from M15 and Ray Road ensure convenient access and ample parking. The property's tax ID is 02-01-126-024, located in T5N, R8E, SEC 1 PART OF NW 1/4. Legal description: BEG AT PT DIST W 1417.57 FT FROM N 1/4 COR, TH S 00-49-00 W 416.61 FT, TH S 88-32-20 W 157.56 FT, TH S 45-49-43 W 159.10 FT, TH S 88-32-20 W 156 FT, TH S 61-42-31 W 94.21 FT, TH ALG CURVE TO LEFT, RAD 11492.20 FT, CHORD BEARS N 27-57-12 W 130.21 FT, DIST OF 130.21 FT, TH N 28-16-37 W 528.05 FT, TH E 827.67 FT TO BEG 7.83 A 6-5-07 FR 020 & 021. Asking price: $750,000.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Ortonville
County
Oakland
State
Michigan
Longitude
-83.471761910803
Latitude
42.875399809305
More about this property
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