Listing Agency: The Jonna Group at Colliers International r***@colliers.com Show Phone

Listed By: Simon Jonna · License #MI 6501357188

Source: Crexi

Added: Jun 22, 2023 Changed: Aug 25 Last Checked: Aug 25 at 2:44PM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity with multiple zoning availabilities. The zoning includes commercial and light industrial, offering versatility for various business ventures. The property size is 260586 square feet.

Key Highlights

• Multiple zoning availabilities (commercial and light industrial)
• Prime development opportunity
• Versatile option for various business ventures

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

263

Businesses Nearby

Explore this area Business Placement

Demographics for 48342, MI

18,685

Population

7,559

Households

2.5

Avg Household Size

33

Median Age

10%

College-Educated

76%

High-School Grad

5.2 sq mi

ZIP Area

3,593

Density / Sq Mi

$33,750

Median Household Income

$29,970

Median Earnings

$851

Median Rent

$90,600

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Prime land with commercial and light industrial zoning availabilities.

Where is this commercial land located?

The property is located at 1 S Glenwood Ave Pontiac, MI.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Multiple zoning availabilities (commercial and light industrial); Prime development opportunity; Versatile option for various business ventures