325 Walton BlvdPontiac, MI 48340

Property Details for 325 Walton Blvd

Year built

1991

Lot size

2.40 AC

Property size (Sq ft)

20,000 SF

Zone code

BI

Property type

Super regional malls

APN

64-14-07-483-012

APU

641407483012

Description

Silver Lake Center offers a fantastic opportunity for a retailer or restaurant seeking a high-visibility location in Oakland County. This single-tenant property boasts a total of 5,600 square feet of available space, currently vacant and ready for immediate occupancy. The building is zoned C1 (Local Business), allowing for a variety of commercial uses. Situated on West Walton Boulevard, just east of Telegraph Road, the property benefits from excellent access and high traffic counts. The strategic location provides easy access from both West Walton Boulevard and Telegraph Road, ensuring maximum exposure to potential customers. Ample parking is available in a large, well-maintained parking field. The property also features prominent pylon signage, enhancing visibility and brand recognition. Nearby traffic generators include the significant draw of Great Lakes Crossing Mall, Oakland County offices, and General Motors facilities in Pontiac, guaranteeing a substantial customer base. Two specifically designed end-cap spaces are available: one ideal for a restaurant and another perfectly suited for a convenience store. These spaces are ready for immediate build-out, offering a significant advantage for businesses seeking a quick start. This exceptional property presents a rare opportunity to establish a thriving business in a high-traffic, well-established commercial area. Don't miss this chance to secure a prime retail location in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,032,926

  6.5%

  $4,645,778

  7%

  $4,313,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,714,416

  Geo Method

  $4,714,416

• Alternative Use

  Use

  Valuation

  Residential

  $3,918,887

  Hospitality

  $3,589,680

  Educational

  $2,986,571

  Medical

  $3,089,284

  Retail

  $4,645,778

Location Insight

City

Pontiac

County

Oakland

State

Michigan

Latitude

42.6781

Longitude

-83.313

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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