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Property profile & analytics

490 Ortonville Rd Ortonville, MI 48462-8871

  • Warehouses
  • 3,712 SF
  • 1.04 lot acres
OFF-MARKET
Value Estimation
$155,000
Last Sale
Dec 07, 2024
Location Intelligence
Property ID
US43-1228165
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 490 Ortonville Rd

Year built
1989
Lot size
1.04 lot acres
Property size
3,712 SF
Zone code
AI
Property type
Warehouses
APN
DO-03-18-152-005
APU
DO0318152005

Description

This 3,712 square foot freestanding storefront building in Brandon Township, Michigan, is available for $995,000 ($268.05/sq ft). Currently vacant, this property offers a unique opportunity for a cannabis provisioning center, with the license included in the sale price. The building boasts excellent visibility and accessibility, situated at a high-traffic intersection with over 20,000 vehicles passing daily, ensuring significant brand exposure. Ample parking is available, with the potential for 20+ spaces. The location benefits from strong synergy with established national tenants such as Dollar Tree, Rite Aid, Verizon Wireless, Ford, Citgo, Jets Pizza, and Pet Supplies Plus. Municipal approval for adult-use cannabis provisioning is already in place, making this a turnkey operation in a highly competitive market with only two approved licenses. The property features pylon signage for enhanced visibility. This is a rare opportunity to acquire a fully licensed and permitted cannabis retail space in a prime location with exceptional traffic counts and strong surrounding retail presence. The address is 490 S Ortonville Rd, Brandon Twp, MI 48462.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $155,000
  • CAP approach

    CAP return
    Estimation
    6%
    $160,000
    6.5%
    $145,000
    7%
    $160,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $140,000
    Geo Method
    $140,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $170,000
    Retail
    $170,000
    Mixed-Use
    $170,000
    Hospitality
    $170,000
    Educational
    $150,000
    Residential Income
    $150,000
    Energy
    $175,000
    Income-Based Land
    $145,000
    Food Service
    $185,000

Location Insight

  • Map
  • Local Demand
City
Ortonville
County
Oakland
State
Michigan
Longitude
-83.4487
Latitude
42.8438
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,868
$0.00
$0.00
$164,310
-
$0.00
$0.00
$328,620
More about this property
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