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    5806 Dixie Hwy Waterford Township, MI 48329

    Sponsored
    For Lease
    $12 SF/Yr ($7,501 /Mo)

    7,000 SF Office/Retail, High Visibility

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,000-square-foot single-tenant property, located at 5806 Dixie Highway in Oakland County, presents a remarkable opportunity for businesses seeking high-visibility space. Built in 1946, the building offers a flexible layout suitable for a variety of uses, including executive office space, storefront retail, or a combination thereof. The property boasts a prime location at the intersection of Andersonville and Dixie Highway, ensuring excellent exposure and high foot traffic. Currently, a provisional center occupies the space, demonstrating the location's viability. The existing interior features built-out offices and conference rooms, providing a head start for potential tenants. Multiple floor plans are possible, allowing for customization to meet specific business needs. The space is ready for immediate build-out and creative upgrades, offering a blank canvas for a discerning tenant. Its strategic location offers easy access to numerous amenities, the airport, and major freeways, enhancing its appeal and convenience. The property's size and versatility make it ideal for a range of businesses, including but not limited to food service establishments, salons, cigar bars, or lounges. This is a rare opportunity to secure a prominent location with significant potential.

    Property Features for 5806 Dixie Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Total Rate
    7501.67

    Building Details

    Year Built
    1946

    Unit(s) available at that property

    Space
    Available Space
    Size
    7,000 SF
    Rate per SF
    $12

    HighLights

    • 7,000 SF retail and office space available in Oakland County.
    • Single‑tenant occupancy.
    • Building totals 7,000 square feet, fully vacant.
    • Built in 1946.
    • High‑visibility location at the intersection of Andersonville and Dixie Highway.
    • Suitable for various uses, including food service, salon, or lounge; existing office and conference rooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4025509
    Latitude
    42.7024443

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    FAQs

    What type of property is this?
    Office Property / Space - 7,000 SF Office/Retail, High Visibility
    Where is this office property / space located?
    The property is located at 5806 Dixie Hwy Waterford Township, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 7,000 SF retail and office space available in Oakland County.; Single-tenant occupancy.; Building totals 7,000 square feet, fully vacant.
    Request Owner's contact information
    5806 Dixie Hwy Waterford Township, MI 48329
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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
    5806 Dixie Hwy Waterford Township, MI 48329
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