13
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$520,000
Est. payment /mo
1,123 SqFt
Active
4920 Estes Drive Lake Orion, MI
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,123 sqft
Price per Sqft $463
Municipality Orion Charter Twp
Subdivision Orion Charter Twp
MLS Listing ID 20251017799
Year Built 1950
Annual Tax Amount $2,557
Lot Size 0.650 Acres
Acres 0.65
Lot Dimensions 140X203
Source Realcomp
Property Description
INVESTMENT OPPORTUNITY | Total .65 Acre parcel with nearly unlimited opportunity to re-develop! BROWN ROAD INNOVATION DISTRICT overlay zoning with allowance for RESIDENTIAL; COMMERCIAL; & REGIONAL COMMERCIAL potential. SPLIT POTENTIAL to offer developers the flexibility to create multiple single-family residential lots. Buyer assumes all costs associated with any proposed split prior to closing. ASSEMBLAGE OPPORTUNITY | Opportunity to purchase adjoining parcels to create a large-scale development footprint. The Brown Road Innovation District's unique multi-zoning supports residential, commercial, regional commercial, multi-family, retail, mixed-use, office, drive-thru, indoor/outdoor storage, & more.Positioned just off Brown Road between Baldwin & Joslyn Roads, HALF-MILE off I-75. Neighboring developments such as Menards, Breckenridge by Pulte Homes, the newly constructed Hyatt House Hotel, & just ONE MILE from Great Lakes Crossing & the significantly expanded GENERAL MOTORS ORION Assembly Plant! Elevated topography delivers outstanding visibility along heavily traveled corridors with strong traffic counts (I-75/Baldwin AADT40k+) (Baldwin Rd & Brown Rd AADT20k+ EACH) & branding potential.Located in highly desirable Orion Township within LAKE ORION COMMUNITY SCHOOL DISTRICT while also bordering affluent communities including Lake Angelus, Clarkston, Rochester Hills, & Oxford. Continued job growth, infrastructure investment, & regional expansion support strong future demand!The value is in the land. *A home currently exists on the property & will remain, offered as-is. Home would need full rehab. Contact the listing agent for a private land tour, development concepts, assemblage opportunities, or subdivision potential.
Location
State MI
County Oakland
Zoning Commercial,Multi-Family,M
Direction I-75 to Baldwin Rd. NTo Brown Rd. ETo Estes NTo 4920 W side of street
Rooms
Basement Basement
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Block
Water Well
Structure Type Aluminum Siding
Schools
School District Lake Orion
Others
Tax ID 0932379071
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20251017799
Listed by National Realty Centers, Inc
NEARBY SCHOOL & BUSINESS
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