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    550 Arthur Ave Pontiac, MI 48341

    Sponsored
    For Sale
    $280,000

    Prime Pontiac building lots, golf course access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    Exceptional opportunity to acquire ten vacant residential lots in desirable Pontiac, Michigan. Seven lots are priced at $25,000 each, while three are offered at $35,000 each, totaling $280,000 for the entire package. These buildable lots boast convenient access to city amenities and are situated near a golf course and within walking distance of the M-1 Racetrack. Each lot features existing infrastructure including sewer, water, gas, and electric connections, along with stubbed driveways, simplifying the construction process. Specific lot dimensions vary, with several measuring 40x112 feet and others at 40x120 feet. Parcel numbers are available upon request. The seller offers attractive builder financing terms, allowing for no payments until the constructed property is sold or rented, making this an exceptional investment opportunity for developers and builders. The address for the property is 550 Arthur Avenue, Pontiac, MI 48341. This prime location and the seller's flexible financing options make this a truly compelling investment.

    Property Features for 550 Arthur Ave

    General Information

    Property type
    Land

    HighLights

    • Ten vacant residential lots in Pontiac, MI, totaling $280,000.
    • Seven lots priced at $25,000 each, three at $35,000 each.
    • Convenient access to city amenities, near a golf course and M‑1 Racetrack.
    • Existing infrastructure: sewer, water, gas, and electric; stubbed driveways.
    • Lot sizes vary, several are 40x112 ft and 40x120 ft.
    • Builder financing available: no payments until sale or rental of constructed property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -83.292037504948
    Latitude
    42.614071376784

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    FAQs

    What type of property is this?
    Land - Prime Pontiac building lots, golf course access.
    Where is this land located?
    The property is located at 550 Arthur Ave Pontiac, MI.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Ten vacant residential lots in Pontiac, MI, totaling $280,000.; Seven lots priced at $25,000 each, three at $35,000 each.; Convenient access to city amenities, near a golf course and M-1 Racetrack.
    Request Owner's contact information
    550 Arthur Ave 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
    550 Arthur Ave Pontiac, MI 48341
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