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Property profile & analytics
OFF-MARKET Estimated value $765,000
Drug stores

3273 Huron St Waterford, MI 48328-3638

11,119 SF 4 ac lot Built 2007
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US43-3745207
Property summary
AI-generated overview

This exceptional 12,228-square-foot retail property, formerly a Rite Aid, presents a remarkable investment opportunity. Situated on a prominent 4-acre lot at the hard corner of West Huron Street (M-59) and Elizabeth Lake Road in Waterford, Michigan, this location boasts exceptional visibility and accessibility. Built in 2007, the single-unit building is zoned C-4, offering considerable flexibility for a variety of uses. The property's prime location makes it ideal for a wide range of retail businesses, including fast food restaurants, car washes, and other high-traffic ventures. The substantial lot size provides ample space for expansion or additional development. This property is available for both sale and lease, providing options to suit diverse investment strategies. The address is 3273 W Huron St, Waterford, MI 48328, within Oakland County. This is a rare opportunity to acquire a well-located, sizable retail space in a thriving Michigan community. The property's history as a successful pharmacy demonstrates its strong potential for continued success under new ownership or tenancy. Serious inquiries are encouraged to explore this compelling investment prospect.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2007
Total area 11,119 SF
Lot 4 ac (174,240 SF)
Zoning code BI
APN W -13-26-401-040
UPID US43-3745207
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
$1.82M
Blend (final) Blend
$765k
Owner & transaction history
3273 LLC · 1 yrs held
3273 LLC
since 2024
4 recorded transactions
2025
Price N/A
2024
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
BI · Waterford, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.0M +71.6%
Restaurant $1.9M +69.3%
Medical building $1.8M +54.4%
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