Property profile

550 Arthur Ave Pontiac, MI 48341

OFF-MARKET
Land
Property ID
US43-0153454
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Property summary

AI-generated overview

Exceptional opportunity to acquire ten vacant residential lots in desirable Pontiac, Michigan. Seven lots are priced at $25,000 each, while three are offered at $35,000 each, totaling $280,000 for the entire package. These buildable lots boast convenient access to city amenities and are situated near a golf course and within walking distance of the M-1 Racetrack. Each lot features existing infrastructure including sewer, water, gas, and electric connections, along with stubbed driveways, simplifying the construction process. Specific lot dimensions vary, with several measuring 40x112 feet and others at 40x120 feet. Parcel numbers are available upon request. The seller offers attractive builder financing terms, allowing for no payments until the constructed property is sold or rented, making this an exceptional investment opportunity for developers and builders. The address for the property is 550 Arthur Avenue, Pontiac, MI 48341. This prime location and the seller's flexible financing options make this a truly compelling investment.

Property profile

Verified
Property type Land
UPID US43-0153454

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

550 Arthur Ave Pontiac, MI 48341
Pontiac metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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