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    Property profile & analytics
    OFF-MARKET Estimated value $1,410,000
    Retail space

    500 Pontiac Trl, Walled Lake, MI 48390-3418

    12,105 SF 0.36 ac lot Built 1954
    Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-5259483
    Property summary
    AI-generated overview

    This exceptional 1,120 square foot executive office suite is located on the second floor of a well-maintained, two-story building at 500 N Pontiac Trail in Oakland County. The property, built in 1954, offers a total of 6,053 square feet and is classified as Class B. The suite itself features two interior offices, each with windows, providing ample natural light. A prominent monument sign placard is available for tenant branding. The building offers convenient access with 10 total parking spaces. The property is zoned C-2, allowing for a variety of commercial uses. The suite is part of a multi-tenant building, providing a collaborative and professional environment. This is an excellent opportunity for a business seeking a move-in ready space with a desirable location in Oakland County. The APN is 17-34-276-022. The property's convenient location and ample parking make it an attractive option for employees and clients alike. This space is ideal for businesses seeking a professional and efficient workspace in a well-established commercial area. The available space is 1,120 square feet, representing a portion of the building's total 6,053 square feet. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1954
    Total area 12,105 SF
    Lot 0.36 ac (15,682 SF)
    Zoning code BI
    APN 92-17-34-276-022
    UPID US43-5259483
    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
    • Mark Rzepka - State Farm Insurance Agent Insurance Agency
    • Auto Value Walled Lake Auto Parts Store
    • AutoWares Auto Repair Shop Vehicle Inspection Center
    • TSS Accounting Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.56M
    Blend (final) Blend
    $1.41M
    Owner & transaction history
    Rw Farmington LLC · 14 yrs held
    Rw Farmington LLC
    since 2012
    5 recorded transactions
    2012
    1969
    1969
    1969
    1969
    Zoning & alternative use
    BI · Walled Lake, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.1M +4.4%
    Restaurant $2.1M +2.6%
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