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Property profile

4 Ortonville Rd Ortonville, MI 48462

OFF-MARKET
Retail space
Property ID
US43-1220525
View Sample
5,600 SF 0.56 ac lot Built 1992
Entity Owned 27-yr Hold ~ Est. High Equity

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$763k
Blend (final) Blend
$425k

Owner & transaction history

since 1999
1 recorded transaction
1999
Price N/A

Zoning & alternative use

AI · Ortonville, MI
Top alternative use upside
Commercial (general) $985,000 +4.4%
Restaurant $970,000 +2.6%

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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