4315 Dixie Hwy Waterford Township, MI 48329
- Retail space
- 61,804 SF
- 7.85 lot acres
Current Use by Public Records
- Retail space
Property Details for 4315 Dixie Hwy
- Year built
- 1967
- Lot size
- 7.85 lot acres
- Property size
- 61,804 SF
- Zone code
- BI
- Property type
- Retail space
- APN
- W -13-10-402-004
- APU
- W1310402004
Description
This exceptional commercial land parcel, located at 4315 Dixie Hwy in Waterford Township, Michigan, presents a unique investment opportunity. The property boasts a lot size ranging from 2 to 3 acres, providing ample space for a variety of commercial developments. Its strategic location in Oakland County, with a zip code of 48329, offers excellent accessibility and visibility. The property is zoned C-2, allowing for a wide range of commercial uses, subject to local ordinances and approvals. This single-tenant site is ideal for businesses seeking a prominent location with significant land area. The property is currently available for lease. Given its size and zoning, this parcel is well-suited for businesses requiring substantial space for operations, storage, or expansion. Interested parties are encouraged to conduct their own due diligence regarding permitted uses and development possibilities under the C-2 zoning classification. The latitude and longitude coordinates are 42.6813466 and -83.3751827 respectively, for precise location identification. This is a rare opportunity to secure a substantial commercial land parcel in a desirable Oakland County location. Contact us to learn more about leasing this property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,600,000
- 6.5%
- $2,520,000
- 7%
- $2,260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,700,000
- Geo Method
- $2,390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,675,000
- Retail
- $2,905,000
- Mixed-Use
- $2,660,000
- Hospitality
- $2,455,000
- Educational
- $2,925,000
- Residential Income
- $2,435,000
- Energy
- $2,250,000
- Income-Based Land
- $2,505,000
- Food Service
- $2,455,000
Location Insight
- Map
- Local Demand
- City
- Waterford
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3751
- Latitude
- 42.681
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
