179 EDISON St Pontiac, MI 48342
Vacant building with potential for residential, retail, office, warehouse.
Property Features for 179 EDISON St
General Information
- Standard status
- Active
- Size
- 4,900 SF
- Lot size
- 0.23 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1927
Listing office eXp Realty (248) 242-2182
Listing date Mar 11, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
Key Highlights
- High visibility location on a busy intersection.
- 4900 SF of space across two floors.
- Versatile use options: residential, retail, office, warehouse, or mixed‑use.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.4k | $6.00 |
| − Vacancy | −$6.9k | −$1.41 |
| EGI | $22.5k | $4.59 |
| − OpEx | −$5.6k | −$1.15 |
| NOI | $16.9k | $3.44 |