4085 Pontiac TrlWest Bloomfield Township, MI 48323

Property Details for 4085 Pontiac Trl

Year built

1962

Lot size

0.50 AC

Property size (Sq ft)

1,924 SF

Zone code

ZONE 5

Property type

Healthcare properties

Property subtype

Medical offices

APN

56-18-15-427-009

APU

561815427009

Description

This exceptional 1,924-square-foot medical office building is situated on a half-acre lot (two combined lots) in the desirable Orchard Lake/Bloomfield Hills area of West Bloomfield Township, Michigan, at the intersection of Pontiac Trail and Orchard Lake Road. The single-story, Class B building, constructed in 1962, offers prime visibility and is currently vacant, presenting a unique owner-user or investment opportunity. Previously occupied by a family medicine practice, the property is ready for immediate occupancy or renovation. Updated plans for both exterior and interior improvements are available, making it ideal for a medical office or build-to-suite project. The B1 zoning permits a variety of uses. Benefitting from ample natural light and a serene location near Orchard Lake Country Club and Pine Lake, this property offers a tranquil setting for both staff and clients. The asking price is $750,000, translating to $389.81 per square foot. This location boasts excellent demographics and strong visibility within the thriving Orchard Lake community, making it an attractive investment in the Detroit market. The property's address is 4085 Pontiac Trail, West Bloomfield Township, MI 48323.

• CAP approach

  CAP return

  Valuation

  6%

  $329,366

  6.5%

  $304,030

  7%

  $282,313

• Comparable approach

  Method

  Valuation

  Relative Method

  $179,971

  Geo Method

  $179,971

• Alternative Use

  Use

  Valuation

  Residential

  $376,997

  Hospitality

  $345,327

  Educational

  $287,308

  Medical

  $297,189

  Retail

  $446,924

Location Insight

City

Orchard Lake

County

Oakland

State

Michigan

Latitude

42.5781

Longitude

-83.3637

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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