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Property profile & analytics
OFF-MARKET Estimated value $840,000
Warehouses

50444 Woodward Ave Pontiac, MI 48342-5013

9,050 SF 0.36 ac lot Built 1960
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1131729
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1960
Total area 9,050 SF
Lot 0.36 ac (15,682 SF)
Zoning code BI
APN 64-14-29-455-002
UPID US43-1131729
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
  • Automation Alloy (Bike/Boat/Book/etc) Store Auto Parts Store
  • M1 Wheel & Tire (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$839k
Blend (final) Blend
$840k
Owner & transaction history
Super Car Auto LLC · 2 yrs held
Super Car Auto LLC
since 2023
2 recorded transactions
2023
Price N/A
1969
Price N/A
Zoning & alternative use
BI · Pontiac, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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