976 Pontiac TrlWalled Lake, MI 48390

Property Details for 976 Pontiac Trl

Year built

1976

Lot size

0.26 AC

Property size (Sq ft)

2,633 SF

Zone code

BI

Property type

Retail properties

Property subtype

Drive through restaurants

APN

92-17-34-228-001

APU

921734228001

Description

This exceptional 2,633 square foot freestanding building presents a prime opportunity for a restaurant or retail business in the thriving city of Walled Lake, Michigan. Located at 976 North Pontiac Trail, this single-tenant property sits on a 0.56-acre lot in Oakland County and offers excellent visibility and accessibility. The building is fully vacant and ready for immediate occupancy. Key features include a drive-thru, ample parking, a prominent pylon sign, and attractive storefront signage. The property is well-maintained and benefits from its location in downtown Walled Lake, surrounded by a dense residential population. Its strategic position provides easy access to major roadways, being less than two miles west of M-5 and four miles north of I-96, ensuring high traffic flow and customer reach. This turnkey property is ideal for a business seeking a high-impact location with significant potential for growth. The building's existing infrastructure and prominent signage offer immediate branding opportunities. This is a rare chance to acquire a well-situated, ready-to-occupy commercial space in a desirable Michigan market. The property's size and features make it suitable for a variety of restaurant or retail concepts. The 48390 zip code offers a strong demographic profile.

• CAP approach

  CAP return

  Valuation

  6%

  $662,585

  6.5%

  $611,617

  7%

  $567,930

• Comparable approach

  Method

  Valuation

  Relative Method

  $620,653

  Geo Method

  $620,653

• Alternative Use

  Use

  Valuation

  Residential

  $515,921

  Hospitality

  $472,581

  Educational

  $393,182

  Medical

  $406,704

  Retail

  $611,617

Location Insight

City

Walled Lake

County

Oakland

State

Michigan

Latitude

42.5405

Longitude

-83.4792

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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