Property profile

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

OFF-MARKET
Retail properties & Spaces
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Property summary

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

Location

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

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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