50444 Woodward Ave Pontiac, MI 48342-5013
This 9,050-square-foot warehouse, located at 50444 Woodward Avenue in Pontiac, Michigan, presents a compelling investment opportunity. Built in 1960 and extensively renovated in 2021, the property boasts a prime location with 110 feet of frontage on Woodward Avenue, just south of Huron Street/M-59. The C-3 Corridor Commercial zoning allows for a variety of uses, including retail, light industrial, and automotive services. Marijuana-related uses may be possible with the necessary approvals. The building features four overhead doors providing drive-in access to multiple bays, ideal for diverse operational needs. A newly renovated waiting area and office, complete with updated restrooms, enhance the property's functionality. Ample parking is available with 10 spaces (1.1 parking ratio). The property sits on a 0.36-acre lot (APN 14-29-455-002) and includes 4 loading docks. The building's electrical system comprises a 400-amp, 220-volt, 3-phase power supply, and LED lighting is installed throughout. The asking price is $1,200,000. All offers will be considered.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Pontiac, MIPontiac. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.