Property profile

985 Lapeer Rd Lake Orion, MI 48362

OFF-MARKET
Assisted living facilities
Property ID
US43-2153685
53,715 SF Built 2019
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2019
Total area 53,715 SF
APN P -04-35-300-019
UPID US43-2153685

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
  • Nursing Home Retirement Community

Location

985 Lapeer Rd Lake Orion, MI 48362-1681
Lake Orion metro Census 128100 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
by Request
Blend (final) Blend
$20.02M

Owner & transaction history

since 2023
Last sale
$20.0M
3 recorded transactions
2023
Price N/A
2022
Price N/A
2022
$20.0M

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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