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    1 Balian Dr Waterford, MI 48327

    For Sale
    $1,199,000

    Vacant Land - Waterford, MI

    Lot size:
    6.80 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 1 Balian Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    Zoning
    Commercial,Multi-Family,Office,Residential
    APN
    1316451026
    Exterior features
    Easement, Level, Possible Basement, Possible Daylight, Possible Walkout, Splits Available, Wooded
    Lot size
    6.80 Acres

    Taxes and HOA fees

    Expense value
    400000
    Expense
    Security Deposit
    Expense freq.
    Once

    Building Details

    Architectural style
    Other

    REALFi (248) 886-0000 [email protected]

    Listing agent Charles L Gottlieb (248) 886-0000

    Listing date Nov 17, 2025

    MLS# 20230044690 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterford Vacant Commercial Land Available

    This property features approximately 6.8 acres of commercial land zoned C-4, located in Waterford Township, just north of M59. Easement access is available. Initial discussions with Waterford Township Planning suggest the possibility of constructing a sign along M59 within the easement, potentially providing excellent exposure for a business. Water and sewer services have been extended from Highland Rd (M59) north on Balian Dr. The majority of the land is flat, dry, and sandy, with a hill situated on the east property line adjacent to the Oakland Yard. The Waterford community has a robust population of over 145,000 people within a 5-mile radius. Over 40,000 vehicles travel on M59 daily, offering significant visibility for signage. Oakland County International Airport is located just east of the property. Neighboring businesses include Meijer's, Taco Bell, Wendy's, DQ, Arby's, McDonald's, Lunghammer Chevrolet, and Suburban Ford. Land contract is available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4124
    Latitude
    42.6439

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    FAQs

    What type of property is this?
    Commercial land - 6.8 acres of commercial land near M59 in Waterford.
    Where is this commercial land located?
    The property is located at 1 Balian Dr Waterford, MI.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: - High traffic location: Over 40,000 vehicles pass daily on M59.; - Commercial zoning (C-4) suitable for various business types.; - Land contract available.
    (248) 886-0000
    Request Owner's contact information
    1 Balian Dr Waterford, MI 48327
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    Waterford, MI 48327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Balian Dr Waterford, MI 48327
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