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    OFF-MARKET
    Retail properties & Spaces

    9861 Dixie Hwy City Of The Vlg, City of the Village of Clarkston, MI 48348

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    AI-generated overview

    This exceptional commercial property, located at 9861 Dixie Highway in Springfield Township, Oakland County, Michigan (zip code 48348), presents a unique investment opportunity. The 10,000+ square foot building boasts four separate retail units, each with its own entrance and high-end finishes. Previously a fabrication facility, the property has undergone a complete transformation, including a new roof, plumbing, and electrical systems (including 220/440v service). Two furnaces and seven high-efficiency wall units ensure climate control. The remodel also encompasses a full interior reconstruction featuring custom flooring, ceilings, walls, recessed lighting, new windows and doors, and three overhead doors. One unit includes a custom kitchen with stainless steel Whirlpool appliances, granite countertops, dual sinks, custom cabinets, and a large center island. Two powder rooms and one full bathroom are also included. The property features lavish office space in Unit A, extensive interior and exterior painting, insulation, spray foam ceilings, and substantial concrete work. A new fence and a 16-camera security system (with nine cameras currently installed) enhance security. The property's significant asset is its over 300 feet of waterfront on all-sports Dixie Lake, complete with a seawall and dock, offering unique business possibilities. The asking price is $1,300,000. Buyer to verify all information.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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