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    3805 Highland Rd Waterford Township, MI 48328

    Sponsored
    For Lease
    $11 SF/Yr ($7,560 /Mo)

    8,248 SF Retail Space - Waterford Twp

    Lot size:
    8,248 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,248-square-foot retail property, located at 3805 Highland Road in Waterford Township, Michigan, presents a unique investment or lease opportunity. Situated on a generous 2.1-acre lot, this single-tenant building offers ample space for a variety of commercial uses. Originally constructed in 1973 and extensively renovated in 2006, the property boasts a modern feel while retaining its character. The building is currently vacant, providing a blank canvas for a prospective tenant to customize the space to their specific needs. The property features 30 convenient surface parking spots, ensuring ample parking for customers and employees. Zoned C-4 (Extensive Business), this location allows for a wide range of commercial activities. The property's address is 3805 Highland Rd, Waterford Township, MI 48328, and its Assessor's Parcel Number (APN) is W-13-26-103-016. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in a thriving community. The property is available for both lease and sale, providing flexibility for potential buyers and tenants. This is a rare opportunity to acquire a substantial retail space in a desirable location. Contact us today to learn more about this exceptional property.

    Property Features for 3805 Highland Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,248 SF
    Total Rate
    7560.67

    Building Details

    Year Built/Renovated
    1973/2006

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,248 SF
    Rate per SF
    $11

    HighLights

    • High‑visibility Highland Rd location with strong foot and vehicle traffic.
    • Versatile floor plan suitable for diverse business uses.
    • Equipped with updated HVAC, energy‑efficient lighting, and modern fixtures.
    • Features a double car canopy drive‑thru and abundant parking.
    • Situated in a thriving area with a desirable customer demographic.
    • Offers flexible and negotiable lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    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 Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3625705
    Latitude
    42.6457553

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    FAQs

    What type of property is this?
    Individual retail property - 8,248 SF Retail Space - Waterford Twp
    Where is this individual retail property located?
    The property is located at 3805 Highland Rd Waterford Township, MI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: High-visibility Highland Rd location with strong foot and vehicle traffic.; Versatile floor plan suitable for diverse business uses.; Equipped with updated HVAC, energy-efficient lighting, and modern fixtures.
    Request Owner's contact information
    3805 Highland Rd Waterford Township, MI 48328
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    Waterford Township, 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
    3805 Highland Rd Waterford Township, MI 48328
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