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    264 Apex Pontiac, MI 48341

    Sponsored
    For Sale
    $299,000

    558 sq ft, High Ceilings, M1 Concourse

    Property size:
    558 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 558-square-foot industrial condo unit, located within the prestigious M1 Concourse Private Garage Community in Pontiac, Michigan, presents a unique investment opportunity. Situated in Phase 4, this unit boasts extra-high ceilings (16' high x 8' wide overhead door) and is offered in its original "white box" condition, providing a blank canvas for customization. Imagine transforming this space into a personal retreat, a workshop, or a unique office environment, all while being part of a vibrant automotive enthusiast community. The M1 Concourse offers a lively social atmosphere with regular events including parties, music festivals, and cruise nights, fostering a sense of camaraderie among its members. This unit provides the perfect blend of privacy and community engagement. The property sits on a 0.01-acre lot and is conveniently located for easy access to all the M1 Concourse has to offer. Quarterly association dues are $349.18. The square footage is to be verified by the buyer. This is an exceptional opportunity to own a piece of the M1 Concourse lifestyle. The property is priced at $299,000.

    Property Features for 264 Apex

    General Information

    Property type
    Industrial properties
    Square Feet
    558 SF
    Lot Size
    436 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Pontiac
    County
    Oakland
    State
    Michigan
    Longitude
    -83.28484
    Latitude
    42.62013

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    FAQs

    What type of property is this?
    Industrial property - 558 sq ft, High Ceilings, M1 Concourse
    Where is this industrial property located?
    The property is located at 264 Apex Pontiac, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    (248) 590-0800
    Request Owner's contact information
    264 Apex 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
    264 Apex Pontiac, MI 48341
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