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Commercial Land with Cannabis License
For Sale
$1,699,000

529 E Walton Boulevard, Pontiac, MI 48340

COMMERCIAL - Pontiac, MI

Property SizeContact for details
Lot Size2.00 Acres
Days on Market112

Property Features for 529 E Walton Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Lot features Buildable, Corner Lot
Elementary school district Pontiac
Middle school district Pontiac
High school district Pontiac
Directions Joslyn rd and Walton BLVD
Standard status Active
APN 14-09-377-031
Lot size 2.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description T3N, R10E, SEC 09 SHATTUCK FARMS LOT 96
Tax Annual Amount 1417
Legal Description T3N, R10E, SEC 09 SHATTUCK FARMS LOT 96

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Water source Public
Listing Agency: eXp Realty, LLC
Listed By: Victor Shauni
Added: Apr 20 Changed: Aug 4 Last Checked: Aug 9 at 9:06AM
MLS# 26016840

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 2-acre commercial land offering consists of 4 parcels that may be split. The site includes a transferable dispensary license and is not limited to cannabis-related use. Conceptual applications identified for the property include a car wash, gas station, retail plaza, strip center, drive-through configuration, multi-tenant layout, or mixed-use development.

The property occupies a high-traffic corner corridor near I-75, with established businesses and large residential neighborhoods nearby. Great Lakes Crossing is located up the road, and the surrounding area is described as experiencing continued commercial expansion. Natural gas is available, while public water and public sewer serve the site. City documents, site plans, renderings, and surveys are available.

Key Highlights

  • Approximately 2 acres across 4 parcels, with the ability to split
  • Transferable dispensary license included
  • Commercial land supports concepts beyond cannabis use

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Building Supply Pharmacy

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

366
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 33% Electronics 2%
Dollar Tree Shops & Services
9,924 visits/mo 0.3 miles
Burger King Dining
7,714 visits/mo 0.1 miles
Sunoco Shops & Services
6,883 visits/mo 0.2 miles
Dairy Queen Dining
4,199 visits/mo 0.4 miles
AutoZone Shops & Services
3,728 visits/mo 0.2 miles

Demographics for 48340, MI

26,039
Population
12,154
Households
2.1
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
7.7 sq mi
ZIP Area
3,382
Density / Sq Mi
$46,474
Median Household Income
$32,954
Median Earnings
$1,096
Median Rent
$105,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Flexible-use commercial site with a transferable dispensary license and public water and sewer.
Where is this commercial land located?
The property is located at 529 E Walton Boulevard Pontiac, MI.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Approximately 2 acres across 4 parcels, with the ability to split; Transferable dispensary license included; Commercial land supports concepts beyond cannabis use
More about this property
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