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Property profile & analytics
FOR LEASE
Super regional malls

3232 Orchard Lake Rd West Bloomfield Township, MI 48324

52,454 SF 7.12 ac lot Built 1963
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-4937535
Property summary
AI-generated overview

This exceptional retail opportunity is located at 3232 Orchard Lake Road in the vibrant Orchard Lake Village, West Bloomfield Township, Oakland County, Michigan, 48324. The property, known as Orchard Lake Commons, offers a total of 51,012 square feet of retail space within a multi-tenant building. Currently, there are two suites available, providing flexible space options for prospective tenants. The minimum divisible space is 1,335 square feet, while the maximum contiguous space available is 2,500 square feet. A total of 3,835 square feet is currently vacant and ready for immediate occupancy. This prime location offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property is situated in Oakland County, a thriving area with a strong local economy and high consumer traffic. This presents a unique chance to establish or expand your retail presence in a desirable and high-traffic location. The property's address is easily accessible and benefits from ample parking. Serious inquiries are encouraged to explore this exceptional retail leasing opportunity.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1963
Total area 52,454 SF
Lot 7.12 ac (310,147 SF)
Zoning code ZONE 6
APN 56-18-02-451-017
UPID US43-4937535
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.43M
Blend (final) Blend
$2.57M
Owner & transaction history
Flagstar Bank Fsb · 26 yrs held
Flagstar Bank Fsb
since 2000
6 recorded transactions
2022
Price N/A
2011
Price N/A
2000
$2.2M
1998
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
ZONE 6 · Orchard Lake, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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