For Sale
Orion Township, MI
Commercial Real Estate Market Trends & Data
$320
Avg asking sale price
$18
Avg asking lease rate
34,619 SF
Avg unit lease size
41,861 SF
Avg building size for sale
4.50%
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{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Independence Township | $255 | 6,960 SF | 7.35% |
| Auburn Hills | $248 | 182,924 SF | 7.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Orion Township | $383 | 5,358 SF |
| Lake Orion | $383 | 5,358 SF |
| Independence Township | $73 | 11,652 SF |
| Auburn Hills | $263 | 10,378 SF |
| Oxford | $135 | 5,839 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Independence Township | $191 | 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
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $320 | 41,861 SF |
| Lake Orion | $226 | 42,468 SF |
| Lake Angelus | $457 | 1,236 SF |
| Independence Township | $210 | 23,209 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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