Property profile

0 Speed Way Pontiac, MI 48341

OFF-MARKET
Specialty properties
1,194 SF Built 2016
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Property summary

AI-generated overview

This exceptional 1,194 square foot private garage, built in 2016, is located at the prestigious M1 Concourse in Pontiac, Michigan (zip code 48341). Situated on the 1.5-mile racetrack straightaway, this two-story unit (Unit 62) offers a unique blend of functionality and entertainment. The space includes a partial mezzanine with a viewing area and a half bath, providing ample space for various uses. The garage features three car lifts, an awning, and all furnishings are included. The overhead door measures 16 feet high and 18 feet wide, accommodating even the largest vehicles. This versatile property can serve as a personal retreat, social hub, office, or workshop for car enthusiasts. Owners enjoy access to community events such as parties, music festivals, and cruise nights. Quarterly association dues are $711.11. The property is offered at $775,000. Square footage and all information should be verified by the buyer. This is a rare opportunity to own a piece of the vibrant M1 Concourse community. The property's prime location offers both privacy and easy access to the excitement of the racetrack and community events. The versatile space allows for a variety of uses, from personal storage and car maintenance to a unique office or entertainment space. This is a truly one-of-a-kind property.

Property profile

Verified
Property type Specialty properties
Year built 2016
Total area 1,194 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Speed Way Pontiac, MI 48341
Pontiac metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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