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    OFF-MARKET
    Commercial real estate

    3252 Pontiac Trl, Commerce Charter Township, MI 48390

    0.95 ac lot
    Property ID
    US43-1463662
    Property summary
    AI-generated overview

    This exceptional 0.945-acre commercial land parcel presents a unique investment opportunity in Commerce Charter Township, Oakland County, Michigan. Located at 3252 & 3260 Pontiac Trail, between Walnut Lake Road and Haggerty Road, this property consists of three lots. Two of the lots currently feature homes occupied by month-to-month tenants, providing immediate potential rental income. The third lot is vacant and situated behind one of the occupied properties, offering flexibility for future development. The property is zoned B-2 Community Business, allowing for a variety of commercial uses. All utilities are readily available, simplifying the development process. The asking price is $1,280,000, translating to a land value of $1,347,368 per acre. The property's APN numbers are 17-24-476-019, 17-24-476-021, and 17-24-476-023. This strategic location and flexible zoning make this an ideal investment for both seasoned developers and those seeking a high-return opportunity in a thriving Michigan community. The existing rental income stream offers immediate cash flow, while the vacant lot allows for expansion or future development tailored to specific business needs. Don't miss this chance to acquire a valuable commercial property in a prime location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.95 ac (41,164 SF)
    APN 17-24-476-019, 17-24-476-021 & 17-24-476-023
    UPID US43-1463662
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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