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    FOR LEASE
    Automotive properties

    618 Walton Blvd, Pontiac, MI 48340

    4,918 SF 7.65 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US43-0295958
    Property summary
    AI-generated overview

    This exceptional 1-acre parcel, located at 618 E Walton Blvd in Oakland County, presents a unique opportunity for retail development or redevelopment. Currently zoned C4 and designated for retail use, this property offers significant potential for a variety of commercial ventures. The site's previous use as a car dealership, complete with a mobile sales office, provides a solid foundation for future development, potentially minimizing initial site preparation costs. The single-tenant zoning allows for a streamlined development process, focusing on a singular, impactful commercial presence. The expansive 1-acre lot provides ample space for building construction, ample parking, and landscaping, ensuring a prominent and attractive retail location. Its strategic location within Oakland County offers excellent visibility and accessibility, attracting a substantial customer base. This property is ideal for entrepreneurs seeking a high-impact location to establish a new business or for existing businesses looking to expand their reach. The existing infrastructure from the former car dealership may offer cost savings in site preparation. Serious inquiries are encouraged to explore the possibilities this prime retail land presents. Detailed zoning information and site plans are available upon request. Don't miss this chance to secure a highly desirable retail location in a thriving Oakland County market.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Total area 4,918 SF
    Lot 7.65 ac (333,234 SF)
    Zoning code RV
    APN 64-14-16-201-029
    UPID US43-0295958
    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
    • Oakland County Used Cars VOA Car Dealership
    • Pontiac Public Auto Auction Trade Show Venue (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $825k
    Owner & transaction history
    618 E Walton Blvd LLC · 4 yrs held
    618 E Walton Blvd LLC
    since 2022
    Last sale
    $810,000
    7 recorded transactions
    2022
    $810,000
    2003
    2003
    $170,000
    2003
    $170,000
    2002
    1969
    1969
    Zoning & alternative use
    RV · Pontiac, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $865,000 +162.1%
    Medical building $775,000 +134.9%
    Office building $575,000 +74.5%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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