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    5619 Highland Rd Waterford, MI 48327

    For Sale
    $294,000

    High-traffic location with frontage on M-59 in Oakland County.

    Lot size:
    0.37 Acres

    Property Features for 5619 Highland Rd

    General Information

    Lot size
    0.37 Acres

    Building Details

    Year built
    1957

    Source: Fox-Bagley Realty Group Agent Rhonda Myers

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

    Overview

    M-59 Frontage Retail/Office Opportunity

    This property features 100 feet of frontage on M-59, situated in Oakland County. The location experiences an estimated 40,000 to 50,000 vehicles passing daily. It is located one mile from Oakland County International Airport. The building includes 1,000 square feet of space, configured with three offices and the potential for a fourth. The property is suitable for various businesses, including salon, medical billing, insurance, health massage, and therapy services. Additional features include a backup generator, a 12x26 dry storage shed with built-in shelving, and 17 parking spaces. A maintenance-free PVC privacy fence encloses the property on three sides.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3975228
    Latitude
    42.6597432

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    FAQs

    What type of property is this?
    Office space - High-traffic location with frontage on M-59 in Oakland County.
    Where is this office space located?
    The property is located at 5619 Highland Rd Waterford, MI.
    What is the asking price?
    The asking price for this property is $294,000.
    What are key features of this property?
    This property features: - High-traffic location with 100 feet of frontage on M-59 (40K-50K vehicles daily).; - Centrally located in booming Oakland County.; - Proximity to Oakland County International Airport (1 mile).
    (248) 420-4698
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    5619 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
    5619 Highland Rd Waterford, MI 48327
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