Orion Township, MI
Commercial Real Estate Market Trends & Data

$271 Avg asking sale price
$18 Avg asking lease rate
17,060 SF Avg unit lease size
37,043 SF Avg building size for sale
7.21% Average cap rate

Orion Township's Demographic Profile

Orion Township has 13,696 households and a median income of $110,612, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 36,485
# Households 13,696
Median age 41
Median household income $110,612
Avg household size 3.0
Renter-occupied housing units 2,592
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Orion Township, MI

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Auburn Hills $258 195,089 SF 7.00%
Oxford $218 8,381 SF 6.63%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Orion Township $196 53,078 SF 7.75%
Lake Orion $184 48,532 SF 7.75%
Auburn Hills $147 47,449 SF 7.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Orion Township $420 5,358 SF
Lake Orion $389 9,210 SF
Independence Township $400 3,313 SF
Auburn Hills $373 4,931 SF
Oxford $175 5,630 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Independence Township $268 11,500 SF 7.71%
Pontiac $97 20,918 SF 10.36%
Waterford $119 15,516 SF 10.36%

Commercial Properties For Sale in Orion Township

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Brown Rd

Orion Township, MI 48359

  • 17.31 AC Lot
  • 1 Industrial Lot
  • $3,700,000
For Sale

4790 Baldwin Rd

Orion Township, MI 48359

  • 4,978 SF Retail Building
  • 4.50% Cap Rate
  • $3,888,889
For Sale

3048 W Clarkston Rd

Lake Orion, MI 48362

  • 2,700 SF Office Building
  • $549,000
For Sale

3880 S Baldwin Rd

Lake Orion, MI 48359

  • 9,210 SF Industrial Building
  • $2,899,650
For Sale

Expansive Industrial or Retail Land Site

Auburn Hills, MI 48326

  • 115.64 AC Lot
  • 1 Commercial Lot
  • $999,000
For Sale

30 W Clarkston Rd

Lake Orion, MI 48362

  • 1,505 SF Retail Building
  • $679,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
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Master Lease Strategies
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How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
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A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Orion Township pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Orion Township $271 37,043 SF
Lake Orion $216 36,992 SF
Lake Angelus $465 1,236 SF
Independence Township $251 19,372 SF

Regional Demographic Comparison

This comparison places Orion Township alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Orion Township or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lake Orion 3,033 1,350 45 $100,714 2 473 1%
Lake Angelus 314 133 51 $91,447 2 5 -2%
Independence Township 36,224 13,744 44 $104,569 3 2,490 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Orion Township, MI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Orion Township

View All Commercial Real Estate For Sale in Orion Township
Is Orion Township a good market for a first-time commercial real estate investor?

Orion Township offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Orion Township?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Orion Township. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Orion Township?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Orion Township. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Orion Township compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Orion Township. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Orion Township acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Orion Township, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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