Property profile

3226 Hidden Timber Dr Lake Orion, MI 48359

FOR LEASE
Medical Office Space
Property ID
US43-1067962
10,840 SF 1.23 ac lot Built 2006
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2006
Total area 10,840 SF
Lot 1.23 ac (53,579 SF)
Zoning code BI
APN O -09-29-326-039
UPID US43-1067962

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

3226 Hidden Timber Dr Lake Orion, MI 48359
Lake Orion metro Census 128800 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
$2.48M
Blend (final) Blend
$2.03M

Owner & transaction history

since 2004
4 recorded transactions
2021
Price N/A
2004
$165,000
1999
$45,000
1969
Price N/A

Zoning & alternative use

BI · Lake Orion, MI
Top alternative use upside
Commercial (general) $1.9M +11.6%
Restaurant $1.9M +9.7%
Retail stores $1.8M +6.9%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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