Property profile

1987 Orchard Lake Rd Sylvan Lake, MI 48320

FOR LEASE
Commercial land
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Property ID
US43-0072259
0.13 ac
Last sale May 2021·$425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$893
Tax billed · 2023
Assessed value · 2024$18k
Effective rate4.85%

Value estimate

· Nov 2026
$425k
$383k – $468k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI$21k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$176/SF
County average, outlier-cleaned · 344 recorded sales of this use type
Observed band · Q1–Q3$119 – $256

Cap rate analysis

How does the asset earn?
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BV
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office21.7
Realty agency18.2
Restaurant12.9

Location

1987 Orchard Lake Rd Sylvan Lake, MI 48320
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Keego Harbor, MI 48320 $375,000 May 2024 No data
1983 Orch Lk, Sylvan Lake, MI 48320-1744 $375,000 May 2024 No data
2012 Cass Lk, Keego Harbor, MI 48320-1235 $150,000 Feb 2024 No data
3019 Cass Lk, Keego Harbor, MI 48320-1202 $150,000 Feb 2024 No data
2004 Cass Lk, Keego Harbor, MI 48320-1273 $150,000 Feb 2024 No data
2066 Cass Lk, Keego Harbor, MI 48320-1237 $120,000 Jan 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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