5663 Highland Rd Waterford, MI 48327-1972
This exceptional 1,711 square foot industrial building is ideally situated on M-59 in Waterford, Michigan, boasting a prime location with exceptionally high traffic counts. The property sits on a 0.37-acre lot and offers ample parking both in front and behind the building. The main level encompasses over 1700 square feet of versatile space, perfect for a variety of uses including, but not limited to, medical offices, accounting firms, real estate agencies, construction businesses, spas, or salons. A significant advantage is the building's proximity to Oakland County Airport, just three blocks away. The lower level adds over 1300 square feet of additional space, thoughtfully divided into five separate offices. Two bathrooms are conveniently located within the building. The exterior is constructed of brick, providing a durable and attractive faГ§ade. Significant signage opportunities are available, enhancing visibility and brand recognition. This property presents a unique opportunity for businesses seeking a high-visibility location with ample space and convenient access to major transportation routes. The building's flexible layout and substantial square footage make it an ideal investment for a wide range of commercial enterprises. The property is offered at $349,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Waterford, MICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.