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    62 W Speed Way Pontiac, MI 48341

    For Sale
    $720,000

    Real Estate Only - Pontiac, MI

    Property size:
    1,264 SF
    Lot size:
    0.03 Acres
    Days on Market:
    169
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for 62 W Speed Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    1433305062
    Size
    1,264 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    2016
    Floors in Building
    1.5
    Building materials
    Block, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    KW Domain Birmingham (248) 590-0800 [email protected]

    Listing agent Melanie S Bishop (248) 590-0800

    Listing date Jun 24, 2025

    MLS# 20240071705 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    M1 Concourse Private Garage Unit

    Located in the heart of the M1 Concourse Private Garage Community, Unit 62 offers 1194 square feet of floor space in addition to a partial trackside mezzanine that includes a viewing area and half bath. Situated in the middle of the adjacent 1.5-mile racetrack's straightaway, this unit is suited for use as a personal getaway, social space, office space, or a place to store and work on a car collection. It can also serve as a workspace. The unit includes three car lifts, an awning, and all furnishings. The overhead door measures 16 feet high and 18 feet wide. Membership in the M1 Private Garage Community provides access to parties, music festivals, cruise nights, and other events. Association dues are $747.16 quarterly. The lot size is 0.03 acres. The property is zoned for commercial use. Buyer to verify square footage and all information.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pontiac
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2928
    Latitude
    42.6266

    Nearby Similar for Sale

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    • $1,399,000
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      M1 Concourse Rooftop Garage Unit

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    • $489,000
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    • New
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    • $969,000
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      M1 Concourse Private Garage Unit

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    • $110,000
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    FAQs

    What type of property is this?
    Aviation real estate - Private garage unit at M1 Concourse, Pontiac, Michigan.
    Where is this aviation real estate located?
    The property is located at 62 W Speed Way Pontiac, MI.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: - Prime location within the M1 Concourse Private Garage Community, situated on the racetrack's straightaway.; - Includes three car lifts, awning, and all furnishings.; - Versatile space suitable for personal getaway, social gatherings, office, car storage/maintenance, or adrenaline activities.
    (248) 590-0800
    Request Owner's contact information
    62 W Speed Way Pontiac, MI 48341
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    Pontiac, MI 48341
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    62 W Speed Way Pontiac, MI 48341
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