Financial
Distress signals
Property profile

2100 Orchard Lake Rd Sylvan Lake, MI 48320

FOR SALE
Drive through restaurants
View Listing
Property ID
US43-0236309
2,609 SF 0.72 ac lot Built 1994
Last sale May 2019 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 2,598 square foot, Class A, freestanding fast-food restaurant building is available for sale at $900,000. Located at 2100 Orchard Lake Road in Sylvan Lake, Michigan (zip code 48320), this single-tenant property sits on a 0.72-acre lot and boasts a convenient drive-thru lane, ample parking (30 spaces), and excellent pylon signage. Built in 1994 and renovated in 2018, the building is currently vacant and features a single story. The property benefits from a high-traffic location on…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value · 2024$378k
Effective rate4.88%

Value estimate

· Sep 2026
$350k
$315k – $385k
Submarket $/SF estimate$620k
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$4k
Operating expenses−$13k
NOI · 4.36% cap applied$39k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$99 – $238
Qualifying comparables10

Cap rate analysis

How does the asset earn?
4.36%
$39k 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?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.1
Dental Office21.8
Restaurant18.6

Location

2100 Orchard Lake Rd Sylvan Lake, MI 48320
County assessor Recorded deeds · 5 transfers 10 qualifying comp sales 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2650 Orch Lk, Sylvan Lake, MI 48320-1539 $400,000 Apr 2024 3,400 SF
2091 Cass Lk, Keego Harbor, MI 48320-1236 $235,000 Dec 2023 3,156 SF
3425 Orch Lk, Keego Harbor, MI 48320-1314 $325,000 Aug 2023 2,307 SF
2451 Orch Lk, Sylvan Lake, MI 48320-1653 $1,200,000 Apr 2021 3,623 SF
2066 Cass Lk, Keego Harbor, MI 48320-1237 $327,200 Dec 2020 2,668 SF
2630 Orch Lk, Sylvan Lake, MI 48320-1537 $120,000 Dec 2020 2,962 SF
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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