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    2451 Dixie Hwy Waterford, MI 48328

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    For Lease
    $3,000 /Mo

    High-visibility location suitable for automotive or retail businesses.

    Lot size:
    0.48 Acres

    Property Features for 2451 Dixie Hwy

    General Information

    Lot size
    0.48 Acres

    Building Details

    Year built
    1956

    Source: MBA Real Estate Services Agent Christopher Mersino

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

    Overview

    Dixie Highway Automotive/Retail Opportunity

    This property, located on Dixie Highway, offers a high-visibility location with substantial traffic flow of 18,000 to 20,000 vehicles per day. The main building provides approximately 1,260 square feet of space, complemented by an attached shed, bringing the total area to approximately 1,800 square feet. Recent uses included automotive service, featuring two bays equipped with hoists. The building has undergone updates and renovations in 2024/2025, including a newer roof, newer HVAC/air conditioning in the office, a newer bathroom and plumbing, a newer metal facade exterior, two new roll-up doors for the bays, and a new office and kitchenette area. The property also features all newer electrical inside and newer underground electrical to the outside of the building, newer concrete in the entire back of the building, and newer fencing around the perimeter. If the desire is to lease for purposes other than used car lot or auto repair the owners will remove car hoists. It is suitable for auto shops, automotive properties, and retail properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Similar Places Nearby

    Creative Autosports & Restoration, Dixie 24 Oil Change, H & H Auto Collision, Roadrunner Expess, Creative AutoSports & Restorations

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.336254
    Latitude
    42.6702766

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    FAQs

    What type of property is this?
    Auto shop - High-visibility location suitable for automotive or retail businesses.
    Where is this auto shop located?
    The property is located at 2451 Dixie Hwy Waterford, MI.
    What are key features of this property?
    This property features: - High-traffic location on Dixie Highway (18,000-20,000 cars/day).; - Recent (2024/2025) renovations including newer roof, HVAC/air in office, bathroom and plumbing, metal facade, roll-up doors, office and kitchenette, electrical, concrete, and fencing.; - Approximately 1800 sq ft total space (1260 sq ft in main building plus attached shed).
    (248) 620-8660
    Request Owner's contact information
    2451 Dixie Hwy Waterford, MI 48328
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    Waterford, MI 48328
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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
    2451 Dixie Hwy Waterford, MI 48328
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