Live-Work Property with
For Sale
$350,000
7300 Pontiac Trl, South Lyon, MI 48178
Commercial and residential improvements share one site for integrated live-work use.
Property Size6,138 SF
Lot Size1.16 Acres
Price / SF$57.02
Days on Market90
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 7300 Pontiac Trl
General Information
Standard status
Active
Size
6,138 SF
Lot size
1.16 Acres
Additional Details
Highway Access
Yes
Building Details
Year Built
1840
Buildings
1
Listing Agency:
Key Realty One LLC
Listed By:
Diane Russell · License #6501380771
(734) 972-1299
Source:
Katie-k
Added: Jul 18
Changed: Oct 3
Last Checked: Oct 15 at 2:16AM
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 Key Realty One LLC
Investment Insights
Based on property information with market context.
This live-work offering brings together a commercial building and a separate two-bedroom, two-bath residence on a 1.16-acre property. The commercial component contains 4,638 square feet, while the home provides 1,500 square feet of residential space, creating a combined setting for business and living uses.
The property is located at 7300 Pontiac Trl in South Lyon, close to downtown and major highways. Both improvements are being offered AS IS WHERE IS.
The property is located at 7300 Pontiac Trl in South Lyon, close to downtown and major highways. Both improvements are being offered AS IS WHERE IS.
Key Highlights
- 4,638‑square‑foot commercial building
- 1,500‑square‑foot residence with 2 bedrooms and 2 baths
- 1.16‑acre property with commercial and residential improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,130
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,600
$422.6K
Cap Rate 7%
$301,857
$301.9K
Cap Rate 9%
$234,778
$234.8K
Market Conditions
NOI Build-Up for 6,138 SF
Gross rent
$36.8K $6.00/SF
− Vacancy
−$8.7K −$1.41/SF
EGI
$28.2K $4.59/SF
− OpEx
−$7.0K −$1.15/SF
NOI
$21.1K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,600
Cap Rate 7%
$301,857
Cap Rate 9%
$234,778
Alternative Uses
Best Use
Mixed Use
$887.8K
$776.8K – $1.04M
NOI $62,147 @ 7.0% cap · market cap 17.76%
Second Best
Office B
$301.9K
$264.1K – $352.2K
NOI $21,130 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,674 @ 7.0% cap · market cap 26.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 48178, MI
36,858
Population
14,402
Households
2.6
Avg Household Size
42
Median Age
53%
College-Educated
98%
High-School Grad
48.0 sq mi
ZIP Area
768
Density / Sq Mi
$130,781
Median Household Income
$70,253
Median Earnings
$1,231
Median Rent
$392,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Live-work space - Commercial and residential improvements share one site for integrated live-work use.
Where is this live-work space located?
The property is located at 7300 Pontiac Trl South Lyon, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4,638‑square‑foot commercial building; 1,500‑square‑foot residence with 2 bedrooms and 2 baths; 1.16‑acre property with commercial and residential improvements
