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    FOR LEASE
    Office buildings

    55 N Pond Dr, Walled Lake, MI 48390

    10,096 SF 2.51 ac lot Built 2001
    Individually Owned Free & Clear
    Property ID
    US43-1714272
    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 as Office, with subtypes including Medical Office, Creative Office, and Traditional Office. This presents a unique opportunity for businesses seeking a well-located, versatile space in a thriving community. The address is easily accessible, offering convenient access for both staff and clients. The 1,500 square foot suite provides ample space for a variety of business needs, while the larger building offers a professional and established environment. This is an excellent opportunity to establish or expand your business in a prime location. The suite is available for lease.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Total area 10,096 SF
    Lot 2.51 ac (109,336 SF)
    Zoning code BI
    APN 92-17-27-451-020
    UPID US43-1714272
    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
    • Steven Z. Hechtman, DDS Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.55M
    Blend (final) Blend
    $1.56M
    Owner & transaction history
    EAGLE POND LANDINGS
    EAGLE POND LANDINGS
    Zoning & alternative use
    BI · Walled Lake, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.8M +13.3%
    Restaurant $1.8M +11.4%
    Retail stores $1.7M +8.6%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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