317 Pontiac Trl Walled Lk, Walled Lake, MI 48390
This exceptional investment opportunity presents three contiguous properties totaling over one acre in Walled Lake's central business district on Pontiac Trail. The portfolio includes a 5,059 square foot office building featuring three units: one 1,050 square foot unit currently leased with a remaining lease term of over three years at $1,400 per month gross, and two vacant units totaling 4,000 contiguous square feet. The office building boasts a three-year-old roof with a warranty and fresh exterior paint (Fall 2023). Annual property taxes are approximately $15,000. Also included is an 828 square foot retail/office building (former mattress store) with new flooring, paint, and restrooms, situated on 0.61 acres. This building's annual property taxes are approximately $8,200. Finally, a 0.53-acre vacant lot completes this versatile offering. The entire portfolio is listed at $1,100,000, offering a price per square foot of $186.85. The properties can be purchased individually or as a complete package, presenting a unique opportunity for diverse investment strategies. This prime location provides excellent visibility and accessibility, making it an ideal investment for both immediate income generation and future development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.