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    Chicane Ln Pontiac, MI 48341

    Sponsored
    For Sale
    $320,000

    559 SF Private Garage, Pontiac, MI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 559-square-foot private garage, located within the prestigious M1 Concourse community in Pontiac, Michigan (Oakland County, zip code 48341), presents a unique investment opportunity. Situated in Phase 4, this unit boasts extra-high ceilings (16' high x 8' wide overhead door) and is offered in its original condition, providing a blank canvas for customization. Imagine transforming this space into a personal retreat, a workshop, or even a unique office space, all while enjoying the vibrant atmosphere of the M1 Concourse. The property is part of a thriving community, offering access to exclusive events such as parties, music festivals, and cruise nights. Quarterly association dues are $332.93. The garage provides the privacy of individual ownership combined with the social opportunities of a close-knit community of car enthusiasts. Buyers are responsible for verifying square footage and all other provided information. This is a rare chance to own a piece of this exciting automotive destination. The property is a mixed-use space suitable for self-storage or special purposes.

    Property Features for 0 Chicane Ln

    General Information

    Property type
    Automotive properties

    HighLights

    • 559‑square‑foot private garage in the M1 Concourse community, Pontiac, MI (Oakland County, 48341).
    • Features 16' high ceilings and an 8' wide overhead door.
    • Offered in original condition, ideal for customization as a workshop, office, or personal retreat.
    • Part of a vibrant community with exclusive events and quarterly HOA dues of $332.93.
    • Mixed‑use space suitable for self‑storage or special purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Pontiac
    County
    Oakland
    State
    Michigan
    Longitude
    -83.285629447618
    Latitude
    42.619343175822

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    FAQs

    What type of property is this?
    Automotive property - 559 SF Private Garage, Pontiac, MI
    Where is this automotive property located?
    The property is located at Chicane Ln Pontiac, MI.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: 559-square-foot private garage in the M1 Concourse community, Pontiac, MI (Oakland County, 48341).; Features 16' high ceilings and an 8' wide overhead door.; Offered in original condition, ideal for customization as a workshop, office, or personal retreat.
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    Chicane Ln 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
    Chicane Ln Pontiac, MI 48341
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