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Financial
Distress signals
Property profile

55 N Pond Dr Walled Lake, MI 48390

FOR LEASE
Office buildings
Property ID
US43-1714272
10,096 SF 2.51 ac lot Built 2001
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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55 N Pond Dr, Walled Lake, MI 48390 For Lease
$14 SF/Yr
55 N Pond Dr, Walled Lake, MI 48390
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Property summary

AI-generated overview

This exceptional 1,500 square foot office suite is situated within the 18,000 square foot Eagle Pond Landing building at 55 N Pond Drive, Walled Lake, Michigan, 48390. The property is conveniently located in Oakland County and offers a flexible space suitable for various uses, including medical and creative office settings. The suite is currently vacant and ready for immediate occupancy. The building itself is a single-story structure with multiple tenants. The property type is classified…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value · 2024$610k
Effective rate4.21%

Value estimate

· Oct 2026
$570k
$513k – $627k
Submarket $/SF estimate$1.55M
NOI build-up
Gross scheduled income$108k
Vacancy & credit loss−$25k
Operating expenses−$21k
NOI · 442,607.14% cap applied$62k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$124 – $246
Qualifying comparables6

Cap rate analysis

How does the asset earn?
442,607.14%
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.0
Wholesale Shop21.2
Restaurant19.2

Location

55 N Pond Dr Walled Lake, MI 48390
County assessor Recorded deeds · not on file 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1072 Ladd, Commerce Township, MI 48390-3030 $1,400,000 Sep 2022 9,680 SF
341 Pontiac, Walled Lake, MI 48390-3438 $435,000 Jul 2021 5,059 SF
1374 Ew Maple, Walled Lake, MI 48390-3765 $550,000 Feb 2021 4,206 SF
1825 Ew Maple, Walled Lake, MI 48390-3837 $900,000 Jan 2021 7,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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