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    585 Kennett Rd Pontiac, MI 48340

    Sponsored
    For Sale
    $610,000

    3.8-acre commercial lot, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.8-acre commercial land parcel presents a unique investment opportunity in Pontiac, Michigan. Comprising two separate parcels (1.7 and 2.1 acres), the property boasts prominent frontage on both Kennett Road and Cesar E Chavez Avenue (Dixie Hwy), offering excellent visibility and accessibility. The land is zoned C4, allowing for the most intensive commercial uses permitted within Pontiac. Its strategic location within the city's Medical Marihuana District adds further potential. This is a rare opportunity, as this property is being offered for sale for the first time. All utilities are readily available to the site. The two parcels, identified by APN numbers 14-18-351-022 and 14-18-351-023, must be purchased together. The asking price for this significant land holding is $610,000. A potential land contract may be considered. This property is situated in Oakland County, Michigan, with a Pontiac zip code of 48340. The coordinates are 42.664471 latitude and -83.325135 longitude. Don't miss this chance to acquire a substantial commercial property in a thriving area.

    Property Features for 585 Kennett Rd

    General Information

    Property type
    Land
    Lot Size
    165,528 SF

    HighLights

    • 3.8‑acre commercial land parcel in Pontiac, MI, comprised of two parcels (1.7 and 2.1 acres).
    • Prominent frontage on Kennett Road and Cesar E Chavez Ave (Dixie Hwy).
    • C4 zoning, allowing for the most intensive commercial uses in Pontiac.
    • Located in Pontiac's Medical Marihuana District.
    • Offered for sale for the first time.
    • All utilities available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pontiac
    County
    Oakland
    State
    Michigan
    Longitude
    -83.325135
    Latitude
    42.664471

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    FAQs

    What type of property is this?
    Land - 3.8-acre commercial lot, ideal location.
    Where is this land located?
    The property is located at 585 Kennett Rd Pontiac, MI.
    What is the asking price?
    The asking price for this property is $610,000.
    What are key features of this property?
    This property features: 3.8-acre commercial land parcel in Pontiac, MI, comprised of two parcels (1.7 and 2.1 acres).; Prominent frontage on Kennett Road and Cesar E Chavez Ave (Dixie Hwy).; C4 zoning, allowing for the most intensive commercial uses in Pontiac.
    Request Owner's contact information
    585 Kennett Rd Pontiac, MI 48340
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    Pontiac, MI 48340
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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
    585 Kennett Rd Pontiac, MI 48340
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