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    OFF-MARKET
    Office buildings

    2070 Airport Rd, Waterford, MI 48327-1204

    4,218 SF 0.69 ac lot Built 1945
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US43-1618145
    Property summary
    AI-generated overview

    This exceptional mixed-use commercial property in Waterford Township, Michigan, presents a compelling investment opportunity. The 4,200 square foot building is situated on a 0.69-acre lot and features three distinct structures. The main office building encompasses 2,528 square feet, including a finished basement. A separate 490 square foot conference room provides ample space for meetings or private offices. Additionally, a 1,200 square foot service garage, complete with heat and electricity, is ideal for light manufacturing or service-based businesses. The property boasts extensive parking due to its generous lot size. Recent improvements include a new roof installed in 2023. Located conveniently near the Oakland County Airport, this property benefits from a highly desirable location. The "Hi tech office" zoning permits a variety of uses, including medical offices, light manufacturing, research and development, service industries, and mixed-use developments. This well-maintained property offers significant potential for a variety of businesses and is priced at $424,900. The motivated seller invites serious inquiries. This is a rare opportunity to acquire a versatile and strategically located commercial property in a thriving market. The address is 2070 Airport Rd, Waterford Township, MI 48327.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1945
    Total area 4,218 SF
    Lot 0.69 ac (30,056 SF)
    Zoning code BI
    APN W -13-16-101-024
    UPID US43-1618145
    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
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    Owner & transaction history
    Milford Collective LLC · 1 yrs held
    Milford Collective LLC
    since 2024
    Last sale
    $372,250
    4 recorded transactions
    2024
    $372,250
    2009
    1969
    1969
    Zoning & alternative use
    BI · Waterford, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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