Property profile

2635 Orch Lk Rd Sylvan Lake, MI 48320

OFF-MARKET
Commercial land
Property ID
US43-1436972
0.04 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 1,963 square foot former Tim Horton's restaurant building in Sylvan Lake, MI, is available for lease. The single-tenant property boasts a highly visible location on Orchard Lake Road, benefiting from excellent façade and monument signage. Its strategic placement near a traffic light ensures high traffic exposure. The property includes 22 parking spaces, a significant advantage for customers. Built in 2010, the building is in excellent condition and features a drive-thru, a highly desirable amenity for quick-service restaurants. The C1 Neighborhood Commercial zoning allows for a variety of uses. The property's prime location is further enhanced by high traffic counts on Orchard Lake Road, averaging 32,320 vehicles per day. The entire 1,963 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a well-established, high-traffic location in a thriving community. The property's excellent condition and desirable features make it an ideal investment for a variety of restaurant concepts. The existing infrastructure and visibility offer a significant advantage for a new tenant looking to establish a strong presence in the Sylvan Lake market. Oakland County location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.04 ac (1,742 SF)
Zoning code BV
APN 84-18-01-330-030
UPID US43-1436972

Cap rate & NOI

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

Location

2635 Orch Lk Rd Sylvan Lake, MI 48320-1538
Sylvan Lake metro Census 154000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2024
Price N/A
2020
Price N/A
2009
$425,000
2000
$171,500

Zoning & alternative use

BV · Sylvan Lake, MI

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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