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    OFF-MARKET
    Land

    0 Walton Blvd, Pontiac, MI 48342

    2.81 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.81-acre commercial land parcel in Pontiac, Michigan, presents a remarkable development opportunity. Located on E Walton Blvd, near the intersection of Joslyn and Walton Roads, this property boasts a highly desirable location with exceptional visibility and significant traffic flow. The parcel is zoned for commercial use, offering flexibility for a wide range of development projects. All utilities are readily available, simplifying the construction process. The asking price is $300,000, translating to approximately $138,888 per acre. The property's advantageous position is further enhanced by the recent construction of a new dollar store to the west, indicating a growing commercial presence in the immediate vicinity. The level topography of the land simplifies site preparation and construction. With its ideal location, zoning, and accessibility, this property represents a compelling investment opportunity for developers seeking a prime location in a thriving commercial area. The APN is 1416101017. This is a rare opportunity to acquire a significant commercial land holding in Oakland County, Michigan.

    Property profile
    Verified
    Property type Land
    Lot 2.81 ac (122,404 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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