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    3000 Orch Lk Rd Keego Harbor, MI 48320-1244
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    Property profile & analytics

    3000 Orch Lk Rd Keego Harbor, MI 48320-1244


    • Retail space
    • 11,200 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Oct 15, 2024
    $2,350,000
    Property ID
    US43-0215071
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,350,000
    Show details
    Cap Rate Potential
    5.1%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 3000 Orch Lk Rd

    Year built
    2000
    Lot size
    1.00 lot acres
    Property size
    11,200 SF
    Zone code
    BI
    Property type
    Retail space
    APN
    36-18-02-435-059
    APU
    361802435059

    Description

    This exceptional 11,200-square-foot retail property, located at 3000 Orchard Lake Road in Keego Harbor, Michigan, presents a unique investment opportunity. Situated on a prominent 1.36-acre lot at the hard corner of Orchard Lake and Cass Lake Roads, this single-tenant building offers significant visibility and accessibility. Built in 2000, the property is classified as Class A and boasts a spacious layout ideal for a variety of retail uses. The building features 65 total parking spaces, ensuring ample customer convenience. The zoning is designated as C-2, allowing for a range of commercial possibilities. The entire 11,200 square feet is currently vacant, providing a blank canvas for a new tenant or a complete redevelopment. The property's one-story design and convenient drive-thru lane add to its versatility and appeal. Its location in Oakland County, Michigan, within the 48320 zip code, offers access to a thriving community and strong consumer base. This is a rare opportunity to acquire a high-profile retail space with significant potential for growth and return on investment. The property's size, location, and amenities make it an attractive proposition for both established businesses and new ventures. Detailed property information and zoning specifications are available upon request.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,350,000
      ML approach
      $2,350,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,010,000
      6.5%
      $1,855,000
      7%
      $1,720,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,498,000
      Market price range: $880k - $2.94M
      AI Estimate
      $2,028,000
      Market price range: $699k - $2.43M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,890,000
      Current use
      COMMERCIAL (GENERAL)
      $1,975,000
      Change: +4% Conversion: Easy
      RESTAURANT
      $1,940,000
      Change: +3% Conversion: Easy
      MEDICAL BUILDING
      $1,770,000
      Change: -6% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Keego Harbor
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3445
    Latitude
    42.606
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $40,315
    $0.00
    $0.00
    $838,720
    -
    $0.00
    $0.00
    $1,677,440
    More about this property
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