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    Property profile & analytics
    OFF-MARKET Estimated value $1,835,000
    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
    $1.84M
    Owner & transaction history
    3273 LLC · 1 yrs held
    3273 LLC
    since 2024
    4 recorded transactions
    2025
    2024
    2019
    1969
    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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