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    OFF-MARKET
    Office Spaces

    0 7559-7561Highland Rd, Waterford Township, MI 48327

    2,300 SF 0.41 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,300 square-foot medical office building presents a compelling investment opportunity in Waterford Township, Michigan. Situated on a 0.41-acre lot at 7559-7561 Highland Road, this single-story, Class C building boasts a convenient location along the highly trafficked M-59 (Highland Road). Built in 1960, the property features ample parking with 12 spaces, ensuring easy access for patients and staff. The building is zoned B-1, offering flexibility for various medical uses. Its strategic location offers excellent visibility and proximity to Oakland International Airport, just one mile away. The surrounding area is vibrant, with numerous restaurants, retail establishments, and marinas, providing convenience and attracting a strong patient base. The asking price is $420,000, translating to $182.61 per square foot. This freestanding building presents a rare opportunity to acquire a well-located medical office property in a thriving community. The property's APN is 13-18-451-004. This is a single-tenancy building.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1960
    Total area 2,300 SF
    Lot 0.41 ac (17,860 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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