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    Property profile & analytics
    OFF-MARKET Estimated value $690,000
    Retail space

    4 Ortonville Rd, Ortonville, MI 48462-8693

    5,600 SF 0.56 ac lot Built 1992
    Entity Owned 27-yr Hold ~ Est. High Equity
    Property ID
    US43-1220525
    Property summary
    AI-generated overview

    This exceptional 1,200 square foot retail end cap space presents a fantastic opportunity for businesses seeking high visibility and convenient access. Located at a lighted intersection in the thriving Ortonville submarket of Michigan, this single-tenant property offers significant advantages. The space is situated alongside a Dollar Tree, benefiting from established foot traffic and brand recognition. Prominent pylon and building signage opportunities are available, ensuring maximum exposure for your business. The property's address is 4 N Ortonville Rd, Ortonville, MI 48462. This end cap unit provides ample space for a variety of retail uses, making it an ideal location for businesses looking to establish a strong presence in a busy commercial area. The property's location at a well-lit intersection ensures high visibility for potential customers, day and night. The co-tenancy with Dollar Tree provides an added benefit, attracting a steady stream of shoppers to the immediate vicinity. This is a turnkey opportunity to establish a successful retail operation in a desirable location. Don't miss out on this chance to secure a prime retail space in a thriving community.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1992
    Total area 5,600 SF
    Lot 0.56 ac (24,394 SF)
    Zoning code AI
    APN DO-03-07-351-008
    UPID US43-1220525
    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
    $763k
    Blend (final) Blend
    $690k
    Owner & transaction history
    Bonnie Properties INC · 27 yrs held
    Bonnie Properties INC
    since 1999
    1 recorded transaction
    1999
    Zoning & alternative use
    AI · Ortonville, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $985,000 +4.4%
    Restaurant $970,000 +2.6%
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