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    3381 Highland Rd Waterford, MI 48328-3023
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    Property profile & analytics

    3381 Highland Rd, Waterford, MI 48328-3023

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    • Automotive properties
    • 748 SF
    • 0.33 lot acres
    Off-Market
    Last Sale May 19, 2023
    $349,000
    Property ID
    US43-1717835
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    Current Use by Public Records

    • Automotive properties

    Property Details for 3381 Highland Rd

    Year built
    1949
    Lot size
    0.33 lot acres
    Zone code
    BI
    Property type
    Automotive properties
    APN
    W -13-26-251-007
    APU
    W1326251007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 20, 2026 $660,000 Driven Brands INC Osseili Group LLC Warranty Deed —
    May 19, 2023 $349,000 Osseili Group LLC Trustme Leasing LLC Warranty Deed $279k · Michigan Schools & Government Cu
    Dec 29, 2020 — Trustme Leasing LLC Auto Discovery LLC Quit Claim Deed · related —
    Jul 19, 2018 — Trustme Leasing LLC Edwin Investments LLC Warranty Deed —
    Mar 25, 2011 — Steven W Coventry Radwzion,robert J Quit Claim Deed · related —
    Mar 25, 2011 $230,000 Edwin Investments LLC Coventry,steven W & Teresa J Warranty Deed $185k · Albert D & Kris L Wohlart
    Jul 9, 2007 $862 Robert Radzwion Oakland County Treasurer Grant Deed · related —
    Nov 2, 1999 $165,000 Steven W Coventry Crake,garry F Grant Deed —
    Nov 2, 1999 — Robert J Radzwion Coventry,steven W & Teresa J Grant Deed · related —
    Oct 21, 1999 — Steven W Coventry Crake,garry F Grant Deed · related —
    Jun 7, 1999 — Steven W Coventry Crake,garry F Grant Deed $245k · Seller
    — — Roy L Todd — Deed Of Trust · related $133k · Enterprise Mortgage Services
    — — Steven W Coventry — Deed Of Trust · related $250k · Old Kent Bank
    — — Steven W Coventry — Deed Of Trust · related $267k · Franklin National Bank
    — — Steven W Coventry — Deed Of Trust · related $700k · Fifth Third Bank

    Description

    This exceptional 720 sq ft industrial property in Waterford, MI, presents a rare opportunity to acquire an established car dealership. Situated at the bustling intersection of Highland Road and Elizabeth Lake Road, this business benefits from unparalleled visibility and high traffic counts, boasting 215 feet of frontage on Highland Road. The updated building features four offices and a dedicated storage room, providing ample space for operations and administrative functions. The 0.33-acre lot offers convenient access and ample space for customer parking and vehicle display. This is a unique investment opportunity, as Waterford Township has a limited number of permitted car dealerships, making this an exceptionally valuable asset. The sale includes both the real estate and the established business, with inventory negotiable. This prime location and established business provide a strong foundation for continued success and significant return on investment. The property's strategic positioning at a high-traffic intersection ensures maximum exposure and accessibility for customers. This is a turnkey operation ready for a new owner to step in and continue the legacy of this successful enterprise. Don't miss this chance to own a thriving business in a highly desirable and restricted location.


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    Location Insight

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    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3534
    Latitude
    42.6398
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,674
    $0.00
    $0.00
    $74,700
    -
    $0.00
    $0.00
    $149,400
    More about this property
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