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    4500 Pontiac Lake Rd Waterford, MI 48328

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    For Sale
    $650,000

    Established auto and truck repair shop with excellent visibility.

    Property size:
    4,109 SF
    Lot size:
    1.38 Acres

    Property Features for 4500 Pontiac Lake Rd

    General Information

    Size
    4,109 SF
    Lot size
    1.38 Acres

    Source: Signature Associates Agent Marvin Petrous

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Auto Truck Repair Service Shop

    This established auto and truck repair service shop is located on Pontiac Lake Road, west of Highland Road (M-59) in Waterford, Michigan. The property benefits from excellent visibility and is surrounded by both national and local retailers. The site is suitable for automotive, truck repair, landscaping, or other service-related uses. The property includes two buildings. The retail building provides 1,024 square feet of space, and the service shop offers 3,085 square feet with an 18-foot clearance. The total property size is 4,109 square feet on a 1.38-acre lot. The service shop includes four 12-foot by 14-foot overhead doors, one hoist, two cranes, a service pit, and a 1,000-gallon oil pit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    Michigan Interlock, Mercer Magic Car Detail, Zinn's Automotive, Joe Lunghamer Chevrolet, INC., Auto

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3763345
    Latitude
    42.6545547

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    FAQs

    What type of property is this?
    Auto shop - Established auto and truck repair shop with excellent visibility.
    Where is this auto shop located?
    The property is located at 4500 Pontiac Lake Rd Waterford, MI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Excellent visibility on Pontiac Lake Road near Highland Road (M-59) in Waterford.; - Two buildings: Retail (1,024 sq. ft.) and Service Shop (3,085 sq. ft.); - Service shop features 18’ clearance and 4 overhead doors (12’ x 14’).
    (248) 505-4400
    Request Owner's contact information
    4500 Pontiac Lake Rd Waterford, MI 48328
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    Waterford, MI 48328
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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
    4500 Pontiac Lake Rd Waterford, MI 48328
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