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    Walled Lk Dr. & Pontiac Trl Walled Lake, MI 48390

    Sponsored
    For Sale
    $395,000

    0.83 Acres, C-3 Zoning, Lakefront

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 0.83-acre commercial land parcel presents a unique investment opportunity in the heart of historic downtown Walled Lake, Michigan. Situated directly across from the beach on the north side of East Walled Lake Drive, just east of Pontiac Trail, this property boasts a highly desirable location with unparalleled visibility and accessibility. The parcel is zoned C-3 Central Business District, offering a wide range of potential commercial uses. Its prime lakefront position provides stunning views and significant aesthetic appeal, making it an ideal site for a variety of businesses seeking a high-profile location. The property's address is E Walled Lake Dr. & Pontiac Trail, Walled Lake, MI 48390, and includes three separate parcels with APN numbers 17-34-410-002, 17-34-410-003, and 17-34-410-004. This is a rare opportunity to acquire a substantial commercial lot in a thriving lakeside community. The asking price for this exceptional property is $395,000. Don't miss this chance to secure a piece of Walled Lake's vibrant commercial landscape.

    Property Features for 0 Walled Lk Dr. & Pontiac Trl

    General Information

    Property type
    Land
    Lot Size
    36,155 SF

    HighLights

    • Historic Downtown Walled Lake lakefront property.
    • 0.83‑acre lot across from the beach on East Lake Drive.
    • C‑3 Central Business District zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Walled Lake
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4853954
    Latitude
    42.5315028

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 0.83 Acres, C-3 Zoning, Lakefront
    Where is this land located?
    The property is located at Walled Lk Dr. & Pontiac Trl Walled Lake, MI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Historic Downtown Walled Lake lakefront property.; 0.83-acre lot across from the beach on East Lake Drive.; C-3 Central Business District zoning.
    Request Owner's contact information
    Walled Lk Dr. & Pontiac Trl Walled Lake, MI 48390
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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
    Walled Lk Dr. & Pontiac Trl Walled Lake, MI 48390
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