2807 Orchard Lake RdKeego Harbor, MI 48320

Property Details for 2807 Orchard Lake Rd

Year built

1984

Lot size

1.78 AC

Property size (Sq ft)

21,204 SF

Zone code

BI

Property type

Super regional malls

APN

36-18-01-355-066

APU

361801355066

Description

This exceptional retail opportunity is located in the thriving Orchard Lake Road corridor of Keego Harbor, Michigan, at 2807 Orchard Lake Rd, zip code 48320. The property, known as Harbor Pines, is a newly renovated strip center totaling 3,223 square feet. Currently, there are multiple tenancies, with two spaces immediately available, ranging from 1,080 to 1,600 square feet. This presents a fantastic chance for businesses seeking high-visibility locations in a busy commercial area. The center enjoys excellent visibility and accessibility, benefiting from its strategic placement along a major thoroughfare. Existing tenants include well-established businesses such as Skiers Peak, El Camino Taco, and The US Postal Service, creating a strong and diverse tenant mix that attracts significant foot traffic. The available spaces are adaptable and can be configured to suit a variety of retail uses. The property's recent renovation ensures modern amenities and a well-maintained environment, providing an attractive setting for potential tenants. This is an ideal opportunity for businesses looking to establish or expand their presence in a vibrant and growing community. The property's location in Keego Harbor, Michigan offers easy access to a substantial customer base and provides a strong foundation for business success. Serious inquiries are encouraged to explore this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $5,335,908

  6.5%

  $4,925,453

  7%

  $4,573,635

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,998,224

  Geo Method

  $4,998,224

• Alternative Use

  Use

  Valuation

  Residential

  $4,154,804

  Hospitality

  $3,805,778

  Educational

  $3,166,363

  Medical

  $3,275,259

  Retail

  $4,925,453

Location Insight

City

Keego Harbor

County

Oakland

State

Michigan

Latitude

42.6066

Longitude

-83.3405

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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