Property profile

740 Lapeer Rd Lake Orion, MI 48362

OFF-MARKET
Drive through restaurants
Property ID
US43-1813153
3,214 SF 1.27 ac lot Built 1980
Entity Owned 24-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1980
Total area 3,214 SF
Lot 1.27 ac (55,321 SF)
Zoning code BI
APN O -09-11-476-015
UPID US43-1813153

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
  • Cafe & Coffee Shop

Location

740 Lapeer Rd Lake Orion, MI 48362-2922
Lake Orion metro Census 128500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$764k
Blend (final) Blend
$335k

Owner & transaction history

since 2001
1 recorded transaction
2001
Price N/A

Zoning & alternative use

BI · Lake Orion, MI
Top alternative use upside
Commercial (general) $565,000 +1.8%

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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