Property profile

1641 Balian Waterford, MI 48327

OFF-MARKET
Industrial properties
0.06 ac lot Built 1920
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Property summary

AI-generated overview

This 720-square-foot industrial garage condo in Waterford, MI, presents a unique opportunity for customization. Located on a 0.06-acre lot, the property features a sealed concrete floor, providing a blank canvas for various uses. The low monthly HOA fee of $60 includes access to a clubhouse, offering a unique community aspect. This versatile space is ideal for a workshop, storage, or personal project space. The property's affordability and potential for personalization make it an attractive investment. Buyers can transform this space into a personalized workshop, man cave, she shed, or organized storage solution. The sealed floor provides a clean and durable surface ready for immediate use or customization. The low HOA dues offer exceptional value, providing access to a shared clubhouse facility. This property represents a rare opportunity to acquire a functional and adaptable space in a desirable location at an attractive price point. Don't miss this chance to own a piece of Waterford's industrial real estate market.

Property profile

Verified
Property type Industrial properties
Year built 1920
Lot 0.06 ac (2,614 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1641 Balian Waterford, MI 48327
Waterford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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