440 Ortonville Rd, Ortonville, MI 48462-8871
This exceptional investment opportunity in Ortonville, MI, presents two buildings totaling three units on a 0.69-acre lot situated on M-15. The property includes a residential unit and a commercial building with two additional units, offering diverse income potential. The combined square footage is 1,200 square feet. The expansive 0.69-acre lot provides ample space for potential parking expansion or development of additional stabilized areas. The property's strategic location on M-15 makes it highly visible and accessible, ideal for a variety of commercial ventures, such as a coffee shop or similar businesses. The property consists of multiple parcel IDs. Prior uses did not involve on-site laundry operations, eliminating any concerns regarding contaminants or cleaning agents. Showings are strictly by appointment only. Please refrain from contacting tenants directly. All inquiries must be directed through the appropriate channels. This property offers a unique blend of residential and commercial space, presenting a compelling investment opportunity with significant upside potential. The existing structures provide immediate income generation, while the ample land offers room for future expansion and development. This is a rare chance to acquire a well-located, versatile property in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
AI · Ortonville, MIOrtonville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.