360 Martin Luther King Jr Blvd Pontiac, MI 48342
Property profile & analytics
360 Martin Luther King Jr Blvd, Pontiac, MI 48342
- Retail space
- 11,008 SF
- 0.56 lot acres
Property ID
US43-0884555
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Olaolu A. Akinbiyi, BPharm / Pharmacy
- Ryan P. Browne, PharmD / Pharmacy
- higi / Physician
- Rite Aid Photo / (Bike/Boat/Book/etc) Store
- Rite Aid #04301 / Medical Laboratory
Property Details for 360 Martin Luther King Jr Blvd
- Year built
- 1999
- Lot size
- 0.56 lot acres
- Zone code
- BI
- Property type
- Retail space
- APN
- 64-14-28-229-006
- APU
- 641428229006
Description
This exceptional retail opportunity presents a 11,207-square-foot freestanding building situated on a 2.27-acre lot in Pontiac, Michigan. Located at 360 Martin Luther King Jr Blvd N, this property boasts a highly visible location at the intersection of Martin Luther King Jr Boulevard, Featherstone, and University Drive, ensuring maximum exposure for any business. The building features a convenient drive-thru window, adding significant operational flexibility. Its versatile layout offers ample space for customization, making it suitable for a wide range of retail or service-oriented businesses. The absolute NNN lease type provides a straightforward ownership structure. The property is currently vacant, presenting a blank canvas for a new tenant to establish their presence in this thriving area. With its spacious interior and prime location, this property represents a significant investment opportunity in a high-traffic area of Oakland County, Michigan, with a zip code of 48342. The expansive lot size provides ample parking and potential for future expansion. This is a rare chance to acquire a substantial retail space in a desirable location with excellent visibility and accessibility. The asking price is $2,600,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,485,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,975,000
- 6.5%
- $1,820,000
- 7%
- $1,690,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,400,000
- COMMERCIAL (GENERAL)
- $1,940,000
- RESTAURANT
- $1,905,000
- MEDICAL BUILDING
- $1,740,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2702
- Latitude
- 42.6484
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,335
$0.00
$0.00
$416,540
-
$0.00
$0.00
$833,080
