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    6129 Highland Rd Waterford, MI 48327

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    For Sale
    $750,000

    Two freestanding buildings on Highland Road with high visibility.

    Property size:
    10,241 SF
    Lot size:
    0.61 Acres

    Property Features for 6129 Highland Rd

    General Information

    Size
    10,241 SF
    Lot size
    0.61 Acres

    Source: C3 CRE, LLC Agent Corbin Yaldoo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highland Road Retail/Industrial Opportunity

    Available for sale are Daydreams Brick and Landscape Supply and a cannabis caregiver cultivation. The property, built in 1952 and renovated in 2008, includes two freestanding industrial/retail/office buildings. The zoning is HT-1, High Tech Office District. Situated on Highland Road, the location benefits from high visibility and accessibility, with over 38,000 vehicles passing daily. The surrounding area is a dense residential community with over 129,000 residents within a five-mile radius. The property occupies 0.61 acres. Long term occupancy since 2008 with Daydreams Brick and Landscape Supply with no Option Period. There is potential to extend both leases or sign replacement tenant(s) to increase the Lease PSF and convert to a NNN Lease for each building on the property. The property presents an owner/user opportunity and a long-term redevelopment opportunity. Assumable land contract with third-party land owner and attractive seller financing terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cannabis farms

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Affordable Storage, Shell U-Haul Neighborhood Dealer Waterford, Public Storage, Storage Rentals of America

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.408634
    Latitude
    42.6592433

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    FAQs

    What type of property is this?
    Warehouse - Two freestanding buildings on Highland Road with high visibility.
    Where is this warehouse located?
    The property is located at 6129 Highland Rd Waterford, MI.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - High-traffic location on Highland Road with over 38,000 vehicles per day, offering exceptional visibility and accessibility.; - Existing long-term tenant (Daydreams Brick and Landscape Supply) since 2008.; - Opportunity to extend leases or sign new tenants to increase lease rates and convert to NNN leases.
    (248) 220-1134
    Request Owner's contact information
    6129 Highland Rd 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
    6129 Highland Rd Waterford, MI 48327
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