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Property profile & analytics
OFF-MARKET Estimated value $1,910,000
Retail space

25610 Pontiac Trl South Lyon, MI 48178-8046

11,391 SF 0.41 ac lot Built 2005
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1569255
Property summary
AI-generated overview

This exceptional 11,180-square-foot freestanding building, formerly a Rite Aid, presents a unique opportunity for lease or redevelopment. Located at 25610 Pontiac Trail in South Lyon, Michigan, 48178, this single-tenant property boasts a highly visible corner location at the intersection of Pontiac Trail and 11 Mile Road. Built in 2005, the building features a single story and offers over 100 parking spaces, ensuring convenient access for customers and employees. The property is zoned PUD (Planned Unit Development), offering flexibility for various uses. The entire 11,180 square feet is currently vacant, providing a blank canvas for a new business or redevelopment project. Situated in Oakland County, this location benefits from being part of Gateway Commons, a thriving area within one of Michigan's fastest-growing communities. The property's APN is 21-17-351-001. This is an ideal opportunity for businesses seeking high visibility and ample space in a dynamic and expanding market. The property's strategic location and substantial size make it a compelling investment prospect.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Total area 11,391 SF
Lot 0.41 ac (17,860 SF)
Zoning code BI
APN 80-21-17-351-001
UPID US43-1569255
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
  • Rite Aid Pharmacy
  • CDReload - Online Bitcoin ATM Crypto Atm Atm
  • Western Union Bank Credit Union
  • Amazon Hub Locker - Moustapha Courier Service Postal Service
  • Kimberly Davis Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.11M
Blend (final) Blend
$1.91M
Owner & transaction history
Gateway Commons Development LLC · 5 yrs held
Gateway Commons Development LLC
since 2021
5 recorded transactions
2021
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
BI · South Lyon, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.0M +4.4%
Restaurant $2.0M +2.6%
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