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    Brand-New Office Medical Retail Development Title is generated by Realmo AI

    26800 Pontiac Trail, South Lyon, MI 48178

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    New
    For Lease
    $27 SF/Yr $31,950/Mo (calc)

    Two-building office and medical-ready development delivering new space for growing South Lyon demand.

    Type:Office
    Property size:
    14,200 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 2:42 am

    Property Features for 26800 Pontiac Trail

    General Information

    Standard status
    Active
    Size
    14,200 SF
    Property subtype
    Office

    Spaces For Lease

    at 26800 Pontiac Trail Contact us

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    Listing Contact
    Eric Szerlag
    Eric Szerlag

    Listing agent Eric Szerlag License #6502342846

    Listing office Thomas A. Duke Company

    Listing date Jun 2, 2026

    Source Thomasduke

    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 Thomas A. Duke Company

    HighLights

    • Brand new 14,200 SF two‑building office/medical/retail development on Pontiac Trail in South Lyon
    • Office/medical‑ready development slated for Summer 2026 delivery
    • Two‑building layout designed to support office, medical, and retail use

    Overview

    A brand-new two-building development totaling 14,200 square feet, offering flexible Office/Medical/Retail space. The project is designed to serve users seeking a modern, mixed-purpose commercial environment, with a delivery timeline slated for Summer 2026.

    The property is located on Pontiac Trail in South Lyon. This is positioned within one of Michigan’s faster-growing communities, where there is strong local demand for new medical users.

    The combination of office, medical, and retail options makes the asset well-suited for healthcare providers, professional services tenants, or related retail concepts that benefit from a dedicated development environment. For prospective tenants, the upcoming delivery offers an opportunity to plan around a brand-new buildout tailored to medical and office-focused use needs.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    South Lyon
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6594
    Latitude
    42.4435

    Nearby Similar for Lease

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      South Lyon Commercial Space Available

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      Retail Center Opportunity

      Strong retail center option in a high-growth community with newly installed monument signage and rare space availability.
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    • $20 SF/Yr
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      Retail Space in Grocery-Anchored Center

      Retail space available in a high-income, growing residential area.
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    • $24 SF/Yr
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      South Lyon Medical Suite Opportunity

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    FAQs

    What type of property is this?
    Office units - Two-building office and medical-ready development delivering new space for growing South Lyon demand.
    Where is this office units located?
    The property is located at 26800 Pontiac Trail South Lyon, MI.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Brand new 14,200 SF two‑building office/medical/retail development on Pontiac Trail in South Lyon; Office/medical‑ready development slated for Summer 2026 delivery; Two‑building layout designed to support office, medical, and retail use
    (248) 476-3700
    We can help!
    Listing Contact
    Eric Szerlag
    Eric Szerlag
    Real Estate License ID: 6502342846
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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