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    440 Elizabeth Lake Rd Pontiac, MI 48341

    Sponsored
    For Lease
    $660 /Mo ($1.98 SF/Yr)

    Brand new, 4,000 sq ft retail space.

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,000 square foot retail space, located at 440 Elizabeth Lake Road in Pontiac, Michigan, presents a unique opportunity for businesses seeking a prominent location. Built in 2024, this single-tenant strip center offers a completely vacant, move-in ready space. The property boasts a generous 1.25-acre lot, providing ample space for customer parking and potential future expansion. Situated in Oakland County's Pontiac submarket, the property benefits from excellent visibility and accessibility, with convenient access to N Telegraph Road. The C-2 zoning allows for a wide range of retail uses, making it suitable for various business types. The single-story building offers a functional and efficient layout, ideal for immediate occupancy. The property's address is 440 Elizabeth Lake Rd, Pontiac, MI 48341. With its modern construction, ample space, and strategic location, this property is poised for success. The total building square footage is 4,000 square feet, all of which is currently vacant. This presents a blank canvas for a discerning tenant to create their ideal retail environment. This is a rare opportunity to secure a brand-new, high-visibility retail space in a thriving market.

    Property Features for 440 Elizabeth Lake Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    660

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,000 SF
    Rate per SF
    $660

    HighLights

    • 4,000 square feet of available space
    • Newly constructed building
    • Abundant parking available
    • High‑traffic corner lot location
    • Situated in the Summit Place Overlay Zoning District
    • Ready for immediate occupancy
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pontiac
    County
    Oakland
    State
    Michigan
    Longitude
    -83.326745
    Latitude
    42.640334

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    FAQs

    What type of property is this?
    Neighborhood center - Brand new, 4,000 sq ft retail space.
    Where is this neighborhood center located?
    The property is located at 440 Elizabeth Lake Rd Pontiac, MI.
    What is the lease rate?
    The lease rate is $660 /Mo.
    What are key features of this property?
    This property features: 4,000 square feet of available space; Newly constructed building; Abundant parking available
    Request Owner's contact information
    440 Elizabeth Lake Rd Pontiac, MI 48341
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    Pontiac, MI 48341
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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
    440 Elizabeth Lake Rd Pontiac, MI 48341
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