Property profile

2530 Orch Lk Rd Sylvan Lake, MI 48320

OFF-MARKET
Super regional malls
Property ID
US43-1785877
10,590 SF 0.78 ac lot Built 1968
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 2530 Orchard Lake Road in Oakland County, offers 3,400 square feet of vacant space, ideally situated between Cass Lake Road and Middlebelt Road. The property boasts excellent visibility and exposure along a busy thoroughfare, benefiting from high traffic counts. The building is zoned C1 (Neighborhood Commercial), providing flexibility for a variety of retail uses. Two spaces are currently available, with a minimum divisible space of 1,538 square feet and a maximum contiguous space of 1,862 square feet. The strategic location benefits from the proximity of Orchard Lake Saint Mary's School and nearby lakes, creating a strong regional draw for customers. Each available space features desirable window frontage, providing ample opportunities for prominent signage and brand visibility. This presents a unique opportunity to join an established and diverse mix of tenants in a high-traffic area. The property's prime location and flexible space options make it an ideal choice for businesses seeking strong visibility and a thriving customer base. This is a rare opportunity to secure a well-positioned retail space in a desirable Oakland County location. Contact us today to learn more about this exceptional property and its potential.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1968
Total area 10,590 SF
Lot 0.78 ac (33,977 SF)
APN 84-18-01-183-024
UPID US43-1785877

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2530 Orch Lk Rd Sylvan Lake, MI 48320-1534
Sylvan Lake metro Census 154000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$693k
Blend (final) Blend
$360k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2010
Price N/A
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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