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Financial
Distress signals
Property profile

Orion Rd Lake Orion, MI 48359

FOR SALE
Grocery and convenience stores
Property ID
US43-1186369
65,459 SF 5.65 ac lot Built 1998
Last sale Jul 1998
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
Orion Rd, Lake Orion, MI 48359 For Sale
$2,300,000 65,459 SF
Orion Rd, Lake Orion, MI 48359
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$113k
Tax billed · 2023
Assessed value · 2024$4.62M
Effective rate2.44%

Value estimate

· Oct 2026
$12.46M
$11.21M – $13.71M
Submarket $/SF estimate$13.75M
NOI build-up
Gross scheduled income$831
Vacancy & credit loss−$87
Operating expenses−$297
NOI · 0.02% cap applied$447

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$169/SF
County average, outlier-cleaned · 385 recorded sales of this use type
Observed band · Q1–Q3$79 – $263

Cap rate analysis

How does the asset earn?
0.02%
$447 estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.3
Dental Office17.4
Auto Repair Shop16.7

Location

Orion Rd Lake Orion, MI 48359
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
146 Broadway, Lake Orion, MI 48362-3110 $740,000 Feb 2025 5,679 SF
103 Broadway, Lake Orion, MI 48362-3103 $111,000 Oct 2024 2,835 SF
125 Broadway, Lake Orion, MI 48362-3111 $732,725 Aug 2023 8,746 SF
47 Broadway, Lake Orion, MI 48362-3109 $875,000 Aug 2021 3,049 SF
16 Flint, Lake Orion, MI 48362-3187 $135,000 Jun 2021 3,612 SF
46 Flint, Lake Orion, MI 48362-3136 $300,000 Mar 2021 2,674 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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