Property profile

575 Lapeer Rd Lake Orion, MI 48362

OFF-MARKET
Turn key restaurants
Property ID
US43-1269664
1,991 SF 2 ac lot Built 1982
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Total area 1,991 SF
Lot 2 ac (87,120 SF)
Zoning code BI
APN O -09-02-176-010
UPID US43-1269664

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

575 Lapeer Rd Lake Orion, MI 48362-4001
Lake Orion metro Census 128100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2002
1 recorded transaction
2002
$440,000

Zoning & alternative use

BI · Lake Orion, MI

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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