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Property profile & analytics
OFF-MARKET
Medical Office Space

22 Telegraph Rd Pontiac, MI 48341-1166

1,681 SF 0.32 ac lot Built 1973
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US43-1567036
Property summary
AI-generated overview

This well-maintained 1,659 square foot medical office building, constructed in 1973, is situated on a 0.32-acre lot at 22 N Telegraph Road in Pontiac, Michigan (48341). The property, zoned BI Retail, offers a high-profile location with excellent visibility and accessibility. Boasting ample parking, it caters to both staff and clients. The building's versatile design makes it suitable for a variety of uses, including but not limited to medical offices, retail spaces, restaurants, bakeries, banks, veterinary clinics, learning centers, and funeral homes. The asking price is $375,000, translating to $241.11 per square foot. This prime location on Telegraph Road experiences a high traffic count exceeding 23,400 vehicles daily, ensuring significant exposure for any business. The single-unit building is equipped with modern amenities and presents a compelling investment opportunity. The property's strong location and adaptable space make it an ideal choice for businesses seeking a well-equipped and accessible space in a high-traffic area. This is a turnkey opportunity for a business looking to establish or expand its presence in a thriving Pontiac community.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1973
Total area 1,681 SF
Lot 0.32 ac (13,939 SF)
Zoning code BV
APN 64-14-30-351-039
UPID US43-1567036
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
Current use
Occupant on record · Public records
  • Wapner Samuel M OD Physician
  • Lynn Optical Associates Pc Ophthalmologist Optician
  • Dr. Barnet Leland Physician
  • Lauren Sparschu Physician
  • ERIN MARIE WU Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nme Telegraph LLC · 5 yrs held
Nme Telegraph LLC
since 2020
5 recorded transactions
2024
Price N/A
2022
Price N/A
2020
$250,000
2019
Price N/A
1969
Price N/A
Zoning & alternative use
BV · Pontiac, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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