885 Orchard Lake Rd Pontiac, MI 48341
- Auto shops
- 1,246 SF
- 0.33 lot acres
Current Use by Public Records
- Caregivers Enterprise / Home Health Care Service
- Step 1 Auto Inc / Auto Repair Shop
- A1 Auto Service / Auto Tune Up Service
Property Details for 885 Orchard Lake Rd
- Year built
- 1954
- Lot size
- 0.33 lot acres
- Property size
- 1,246 SF
- Zone code
- BI
- Property type
- Auto shops
- APN
- 64-14-31-378-005
- APU
- 641431378005
Description
This 1,500 square foot warehouse located at 885 Orchard Lake Road in Pontiac, Michigan, presents a prime opportunity for an owner-user. The property boasts a desirable C-1 zoning classification, offering versatility for various business uses. The building features two dock-high doors, facilitating efficient loading and unloading of goods. Ample parking is available with 20 spaces, conveniently accessed through two 20-foot wide gates. The expansive lot provides approximately 145 feet of frontage on Man Road, enhancing visibility and accessibility. Further enhancing the property's appeal is a fenced yard, providing security and additional storage space. The asking price for this well-situated warehouse is $365,000. The property's prominent location also benefits from pylon signage opportunities. Situated in Oakland County, Michigan, with a zip code of 48341, this warehouse offers a compelling combination of functionality, location, and value. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $235,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $225,000
- Mixed-Use
- $240,000
- Hospitality
- $215,000
- Educational
- $185,000
- Residential Income
- $195,000
- Energy
- $250,000
- Income-Based Land
- $235,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3173
- Latitude
- 42.6218
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA