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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Grocery and convenience stores
4093 Orch Lk Rd, Orchard Lake, MI 48323-1640
Entity Owned
6-yr Hold
Free & Clear
Property ID
US43-0809497
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1968
Total area
2,606 SF
Lot
0.62 ac (27,007 SF)
Zoning code
ZONE 6
APN
56-18-14-301-004
UPID
US43-0809497
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
$685k
Blend (final)
Blend
$625k
Owner & transaction history
Orchard Village LLC · 6 yrs held
Orchard Village LLC
since 2019
5 recorded transactions
Zoning & alternative use
ZONE 6 · Orchard Lake, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$460,000
+4.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Orchard Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orchard Lake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$440,000
Current use
COMMERCIAL (GENERAL)
$460,000
Change: +4% · Conversion: Easy
MEDICAL BUILDING
$410,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$240 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,139
Tax year 2023
Assessed value
$338,580
Assessed 2024
Previous assessed
$238,100
+42.2% YoY
Effective rate
2.99%
On assessed value
Total market value
$677,160
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1968
Heating
YES
Buildings
2
Stories
1
Units
1
Total area
2,606 SF
Lot
0.62 ac (27,007 SF)
Zoning code
ZONE 6
APN
56-18-14-301-004
UPID
US43-0809497
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
ZONE 6 · Orchard Lake, MI
Zoning ZONE 6 · permitted uses
ZONE 6 · Orchard Lake, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orchard Lake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$460,000
MEDICAL BUILDING
Est. value
$410,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Heating
YES
Stories
1
Buildings
2
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Orchard Village LLC
Entity
Free & Clear · 6 yrs held
Mailing address
4093 ORCH LK RD, ORCHARD LAKE, MI 48323-1640
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2021
—
Orchard Village LLC
—
Deed
related
$300,000 · Bank Of Ann Arbor
Dec 18, 2019
$500,000
Orchard Village LLC
Orchard Lk Prop Grp LLC
Warranty Deed
—
Aug 14, 2014
$300,000
Orchard Lake Property Group Ll
Mary Brothers II LLC
Grant Deed
—
Jun 2, 2010
$300,000
Mary Brothers II LLC
Famco Services INC
Warranty Deed
—
Dec 27, 2005
$624,483
Famco Services INC
Bp Products North America INC
Quit Claim Deed
related
$8,742,116 · Comerica Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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