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    5328 Highland Rd Waterford Township, MI 48327

    For Sale
    Contact for pricing

    Sports Complex, 108,000 SF, 10 Acres

    Property size:
    108,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 108,000 square foot sports and entertainment complex, situated on a sprawling 10.07-acre lot in Waterford Township, Michigan, presents a rare investment opportunity. Built in 1994 and zoned C-4, the property includes both real estate and the established Oakland Yard Athletics business. The facility boasts a wide array of indoor and outdoor sports amenities, catering to diverse age groups and activities. These include football, soccer, lacrosse, basketball, pickleball, baseball, softball, cornhole, field hockey, kickball, and volleyball, supporting organized youth and adult leagues and tournaments. Revenue streams are diversified through private rentals for team practices and training, event rentals, and a variety of hosted events such as field trips, graduation parties, corporate events, weddings, and fundraisers. A significant asset is the newly renovated outdoor patio bar, complete with a pavilion, ample seating, stainless steel bar, fire pit, and views overlooking the outdoor courts and fields. The property's prime location in Oakland County, coupled with the existing liquor license, further enhances its appeal and potential for continued growth and profitability. The property's APN is 13-16-451-019. This is a turnkey operation with significant upside potential for a savvy investor.

    Property Features for 5328 Highland Rd

    General Information

    Property type
    Specialty properties
    Square Feet
    108,000 SF
    Lot Size
    438,649 SF

    Building Details

    Year Built
    1994

    HighLights

    • 108,000 SF sports complex on 10.07 acres in Waterford Township, MI.
    • Rare opportunity to acquire the established Oakland Yard Athletics business and real estate.
    • C‑4 zoning, includes a liquor license.
    • Extensive indoor and outdoor sports amenities: football, soccer, lacrosse, basketball, pickleball, baseball, softball, cornhole, field hockey, kickball, and volleyball.
    • Generates revenue through leagues, tournaments, private rentals, and event hosting (weddings, corporate events, etc.).
    • Features a newly renovated outdoor patio bar with pavilion, seating, and fire pit.
    Property Profile Insight Report 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
    -83.3931603
    Latitude
    42.6622392

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    FAQs

    What type of property is this?
    Specialty property - Sports Complex, 108,000 SF, 10 Acres
    Where is this specialty property located?
    The property is located at 5328 Highland Rd Waterford Township, MI.
    What are key features of this property?
    This property features: 108,000 SF sports complex on 10.07 acres in Waterford Township, MI.; Rare opportunity to acquire the established Oakland Yard Athletics business and real estate.; C-4 zoning, includes a liquor license.
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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
    5328 Highland Rd Waterford Township, MI 48327
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