Property profile

350 Sanford St Pontiac, MI 48342

OFF-MARKET
Manufacturing properties
Property ID
US43-0121075
20,400 SF 1.58 ac lot Built 1950
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial warehouse space, part of the Sanford Industrial Center in Pontiac, Michigan, offers 10,456 contiguous square feet of immediately available space. Located at 350 S Sanford St, 48342, this property is ideally situated for businesses requiring efficient distribution and storage solutions. The building itself boasts a total of 23,353 square feet, with multiple tenants currently occupying the remaining space. The warehouse features one convenient drive-in door, simplifying loading and unloading operations. This prime location in Oakland County presents a compelling opportunity for businesses seeking a cost-effective and functional warehouse solution. The property is classified as Industrial, with a Warehouse/Distribution subtype. The 10,456 square feet of vacant space represents a significant portion of the building's total area, providing ample room for expansion or efficient operations. The address is easily accessible, offering convenient transportation links for seamless logistics. This is a rare opportunity to secure a well-located, sizable warehouse space at a competitive price point in a desirable market. The property's size and features make it suitable for a variety of industrial and distribution businesses. Don't miss this chance to establish your business in this thriving area.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1950
Total area 20,400 SF
Lot 1.58 ac (68,825 SF)
Zoning code II
APN 64-14-33-254-009
UPID US43-0121075

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

350 Sanford St Pontiac, MI 48342-3448
Pontiac metro Census 142400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$780k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2011
$28,468
2006
Price N/A
2002
Price N/A
2000
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

II · Pontiac, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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