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    1704 Highland Rd Highland Charter Township, MI 48356

    Sponsored
    For Sale
    $1,975,000

    50,672 SF Warehouse, $1.975M

    Property size:
    50,672 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 1704 E Highland Rd in Highland Charter Township, Michigan, presents a unique owner-user opportunity. The property encompasses two buildings totaling 50,672 square feet on a 4.46-acre lot, boasting over 860 feet of frontage on M-59 Highland Road. The warehouse features nine loading docks, with 12-20 foot clear heights and a mix of 3'x12' and 16'x12' doors. The property includes approximately 3,500 square feet of updated office space, equipped with 220-volt 3-phase power. A portion of the warehouse is climate-controlled, offering both heated and cold storage options. The concrete and dock areas are in excellent condition. The property offers ample parking with 150 spaces and is zoned I-1, Light Industrial. Built in 1977 and renovated in 2015, this Class B multi-tenant building benefits from an outstanding location on M-59, providing easy access to major roadways and nearby communities including White Lake, Milford, and Hartland (within 10 miles) and Waterford (15 minutes away). The asking price is $1,975,000, translating to $39.01 per square foot. This property is ideal for businesses requiring warehouse space with outside storage capabilities. The quiet setting in Highland Township offers a desirable combination of accessibility and tranquility.

    Property Features for 1704 Highland Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    50,672 SF
    Class
    B
    Lot Size
    194,278 SF

    Building Details

    Year Built/Renovated
    1977/2015
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Highland Charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.5923474
    Latitude
    42.6501657

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    FAQs

    What type of property is this?
    Distribution property - 50,672 SF Warehouse, $1.975M
    Where is this distribution property located?
    The property is located at 1704 Highland Rd Highland Charter Township, MI.
    What is the asking price?
    The asking price for this property is $1,975,000.
    Request Owner's contact information
    1704 Highland Rd Highland Charter Township, MI 48356
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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
    1704 Highland Rd Highland Charter Township, MI 48356
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