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    Turnkey Medical and Veterinary Facility Title is generated by Realmo AI

    4525 Highland Rd, Waterford, MI 48328

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    For Sale
    $499,900

    Move-in ready clinic with exam rooms, lab space, and extensive on-site kennels for specialty pet care.

    Property size:
    2,549 SF
    Price / SF:
    $196/SF
    Added:
    Apr 21, 2026
    Days on Market:
    60
    Last Refresh:
    Jun 16 at 2:29 am

    Property Features for 4525 Highland Rd

    General Information

    Standard status
    Active
    Size
    2,549 SF

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    Listing Contact
    Thomas Wilhelm
    Thomas Wilhelm

    Listing agent Thomas Wilhelm License #6501196948

    Listing office Wilhelm & Associates

    Listing date Apr 21, 2026

    Source Exprealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Wilhelm & Associates

    HighLights

    • C2‑zoned medical/veterinary facility on M‑59 with a reception/waiting area, private front office, kitchenette, lab room, and 4 exam rooms
    • Dedicated prep/surgery area with dual sinks plus specialized plumbing and cabinetry for medical or specialty pet care use
    • Extensive on‑site kennels: 7 dog kennels, 34 cat kennels, 11 additional surgical kennels, and a kennel room with a full‑size wash tub
    • Major capital updates include a newer roof and newer HVAC system
    • Ample dedicated on‑site parking for staff and patients
    • Brick building; only the second owner and described as meticulously maintained

    Overview

    This turnkey medical and veterinary facility is set up for immediate practice use, with specialized plumbing and cabinetry plus a welcoming reception and waiting area. The interior includes a private front office, kitchenette, four exam rooms, and a lab room. A dedicated prep and surgery area features dual sinks. Additional operational infrastructure supports veterinary services with a kennel room that includes a full-size wash tub, seven dog kennels, 34 cat kennels, and 11 additional surgical kennels. Recent major updates provide added confidence, including a newer roof and newer HVAC. The building is constructed of brick and has been meticulously maintained.

    The property is located directly off the M-59 corridor for visibility and convenient access into Oakland County. It is a highly visible, C2-zoned facility with signage opportunities and an on-site parking lot designed to handle staff and patient volume.

    The configuration is well-suited for medical, dental, urgent care, physical therapy, aesthetic services, or specialty pet care operators who want a ready-to-enter clinical layout and the added benefit of extensive kennel support. The flexible plan can be adjusted for different patient-care programs while keeping the key exam and support spaces in place.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $64.2k $25.20
    − Vacancy −$6.7k −$2.65
    EGI $57.5k $22.55
    − OpEx −$23.0k −$9.02
    NOI $34.5k $13.53
    2,549 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $492.8K
    $431.2K – $574.9K (±1% cap)
    NOI $34,494 @ 7.0% cap · market cap 6.90%
    Second Best
    Office B
    $125.4K
    $109.7K – $146.3K (±1% cap)
    NOI $8,775 @ 7.0% cap · market cap 1.76%
    Theoretical Best
    Specialty Retail
    $549.8K
    $481.1K – $641.4K (±1% cap)
    NOI $38,486 @ 7.0% cap · market cap 7.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Waterford Animal Clinic — 3711 Elizabeth Lake Rd, Waterford Twp, MI 48328

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3784354
    Latitude
    42.6569188

    FAQs

    What type of property is this?
    Medical Office Space - Move-in ready clinic with exam rooms, lab space, and extensive on-site kennels for specialty pet care.
    Where is this medical office space located?
    The property is located at 4525 Highland Rd Waterford, MI.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: C2‑zoned medical/veterinary facility on M‑59 with a reception/waiting area, private front office, kitchenette, lab room, and 4 exam rooms; Dedicated prep/surgery area with dual sinks plus specialized plumbing and cabinetry for medical or specialty pet care use; Extensive on‑site kennels: 7 dog kennels, 34 cat kennels, 11 additional surgical kennels, and a kennel room with a full‑size wash tub
    More about this property
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