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    Property profile & analytics
    OFF-MARKET
    Retail space

    22856 Orch Lk Rd, Farmington, MI 48336-3229

    3,381 SF 0.16 ac lot Built 1957
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-0289986
    Property summary
    AI-generated overview

    This exceptional 3,381 square foot retail property, located at 22856 Orchard Lake Road in Farmington, Michigan, presents a unique owner-user opportunity. The building, situated on a highly visible corner lot, boasts a recently renovated (2020) contemporary showroom interior, ideal for a variety of retail or office uses. The property features a convenient rear storage area with the potential for adding a roll-up door, enhancing functionality and logistics. Benefit from prominent monument signage, ensuring maximum visibility to passing motorists on Orchard Lake Road, just south of the signalized intersection with Shiawassee Street and north of Grand River. The C-2, Community Commercial zoning allows for diverse business applications. The single-story building offers ample space and easy accessibility. Access to Shiawassee Street is also available via a rear alley. This vacant property is priced at $499,000, translating to $147.59 per square foot. The APN is 23-26-351-002. This prime location and versatile space make it an attractive investment for discerning buyers. Don't miss this chance to own a well-positioned commercial property in a thriving area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1957
    Total area 3,381 SF
    Lot 0.16 ac (6,970 SF)
    Zoning code C2
    APN 20-23-26-351-002
    UPID US43-0289986
    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
    • LV Cabinetry Hardware & Home Improvement Kitchen & Bath Showroom
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lv Cabinets INC · 5 yrs held
    Lv Cabinets INC
    since 2020
    Last sale
    $200,000
    5 recorded transactions
    2020
    $200,000
    2018
    2018
    2018
    $220,000
    1969
    Zoning & alternative use
    C2 · Farmington, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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