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    FOR LEASE
    Office buildings

    100 N Williams Lake Rd, Waterford Township, MI 48327

    4,446 SF 0.74 ac lot Built 2004
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-1484594
    Property summary
    AI-generated overview

    This well-maintained, two-story brick office building, totaling 5,850 square feet, presents a fantastic leasing opportunity in Waterford Township, Michigan. Built in 2005, the property is situated on 0.74 acres of land at 100 N Williams Lake Rd, just north of Elizabeth Lake Road (APN: 13-19-351-009). The building features two suites, offering a minimum divisible space of 2,340 square feet and a maximum contiguous space of 3,510 square feet. A shared lobby with restrooms provides convenient access. One suite is currently available and includes desirable features such as a fireplace in the executive office, a fully equipped kitchen, a dedicated conference room, a central alarm system, a high-capacity generator, a fire suppression system, and prominent lighted monument signage. This turnkey suite is also fully furnished, offering immediate occupancy. The building's traditional office design provides a professional and efficient workspace. This property is ideal for businesses seeking a move-in ready, well-equipped office space in a convenient Waterford Township location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2004
    Total area 4,446 SF
    Lot 0.74 ac (32,234 SF)
    Zoning code BI
    APN W -13-19-351-009
    UPID US43-1484594
    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
    by Request
    Comparable Approach Comparable
    $562k
    Blend (final) Blend
    $710k
    Owner & transaction history
    Nwlr Properties LLC · 3 yrs held
    Nwlr Properties LLC
    since 2022
    Last sale
    $800,000
    6 recorded transactions
    2022
    $800,000
    2020
    2004
    2003
    1969
    1969
    Zoning & alternative use
    BI · Waterford, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $855,000 +119.9%
    Medical building $700,000 +80.7%
    Retail stores $455,000 +17.0%
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    More about this property
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