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Property profile & analytics
OFF-MARKET
Banks

900 Joslyn Ave Pontiac, MI 48340-2922

3,450 SF 0.85 ac lot Built 1966
Entity Owned 5-yr Hold Free & Clear
Property ID
US43-0244094
Property summary
AI-generated overview

This exceptional 3,450-square-foot commercial property, located at 900 Joslyn Avenue in Pontiac, Michigan, presents a unique investment opportunity. Built in 1966, this single-story, stand-alone building sits on a 0.85-acre lot and boasts excellent visibility and frontage on Joslyn Avenue. Its strategic location directly across from the General Motors Pontiac Campus ensures high traffic and exposure. The property features a large parking lot and convenient drive-thru lanes, making it ideal for a variety of commercial uses. The building's history as a bank is reflected in the still-in-place bank vault, offering potential for unique adaptations. The asking price is $699,900, translating to $202.87 per square foot. The property is zoned for commercial use and offers significant potential for redevelopment or repurposing. This is a rare opportunity to acquire a well-situated, versatile commercial property in a high-traffic area with ample parking and drive-thru capabilities. The property's size and features make it suitable for a range of businesses. Don't miss this chance to capitalize on this prime Pontiac location.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1966
Total area 3,450 SF
Lot 0.85 ac (37,026 SF)
Zoning code BI
APN 64-14-21-201-001
UPID US43-0244094
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
F & Ljoslyn LLC · 5 yrs held
F & Ljoslyn LLC
since 2020
Last sale
$225,000
3 recorded transactions
2020
$225,000
2006
Price N/A
2000
Price N/A
Zoning & alternative use
BI · Pontiac, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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