737 Auburn AvePontiac, MI 48342

Property Details for 737 Auburn Ave

Year built

1964

Lot size

0.17 AC

Property size (Sq ft)

1,527 SF

Zone code

BI

Property type

Individual retail properties

APN

64-14-27-355-043

APU

641427355043

Description

This 1,527 square foot industrial property, located at 737 Auburn in Pontiac, Michigan, is now available for $125,000. Situated on a 0.34-acre lot, this building presents a compelling opportunity for investors or businesses seeking a well-positioned industrial space. The property is being sold "as is," reflecting a chance to acquire a building at a competitive price point and customize it to meet specific operational needs. The address is conveniently located in Pontiac, offering access to local amenities and transportation routes. The sale price represents a significant opportunity for those seeking a cost-effective entry into the Pontiac industrial market. The building's square footage provides ample space for a variety of industrial uses, and the 0.34-acre lot offers potential for expansion or outdoor storage. Serious inquiries are encouraged to explore this attractive investment prospect. The property is offered at a new, reduced price for the new year. Buyers are advised to conduct their own due diligence.

• CAP approach

  CAP return

  Valuation

  6%

  $384,264

  6.5%

  $354,705

  7%

  $329,369

• Comparable approach

  Method

  Valuation

  Relative Method

  $359,946

  Geo Method

  $359,946

• Alternative Use

  Use

  Valuation

  Residential

  $299,207

  Hospitality

  $274,072

  Educational

  $228,025

  Medical

  $235,867

  Retail

  $354,705

Location Insight

City

Pontiac

County

Oakland

State

Michigan

Latitude

42.6352

Longitude

-83.2636

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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