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    Property profile & analytics
    OFF-MARKET
    Retail space

    984 Orch Lk Rd, Pontiac, MI 48341-2782

    2,846 SF 0.26 ac lot Built 2006
    Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1005542
    Property summary
    AI-generated overview

    This exceptional retail property, located at 984 Orchard Lake Road, presents a prime investment opportunity. Situated on a hard corner with high visibility at the intersection of Orchard Lake Road and South Telegraph Road, this location boasts impressive traffic counts exceeding 28,000 vehicles per day. The single-building property encompasses a total of 4,997 square feet and is divided into two suites. Currently, one suite is available for lease, offering 1,600 square feet of versatile retail space. The remaining occupied suite complements the available space, creating a synergistic environment for potential tenants. The property's strategic location ensures maximum exposure to a large and diverse customer base. This is an ideal opportunity for businesses seeking high visibility and significant foot traffic in a thriving commercial area. The substantial vacant space (2,838 square feet) offers flexibility for a variety of retail concepts or the possibility of subdividing to accommodate multiple tenants. This property is ready for immediate occupancy and presents a unique chance to establish a strong presence in a high-demand retail market. Don't miss this chance to secure a prominent location in a busy commercial corridor.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2006
    Total area 2,846 SF
    Lot 0.26 ac (11,326 SF)
    Zoning code BI
    APN 64-14-31-376-009
    UPID US43-1005542
    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
    • VITAMINS NUTRITION EXPRESS (Bike/Boat/Book/etc) Store Pharmacy
    • Cell Care of Pontiac Mobile Phone Store Electronics & Wireless Store
    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
    Lake Orchard · 20 yrs held
    Lake Orchard
    since 2006
    7 recorded transactions
    2023
    2017
    2006
    $325,000
    1998
    1998
    1969
    1969
    Zoning & alternative use
    BI · Pontiac, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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