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    Property profile & analytics

    3490 Airport Rd Waterford, MI 48329-3014

    • Turn key restaurants
    • 732 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 08, 2024
    Location Intelligence
    Property ID
    US43-1796528
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 3490 Airport Rd

    Year built
    1976
    Lot size
    0.24 lot acres
    Property size
    732 SF
    Zone code
    BI
    Property type
    Turn key restaurants
    APN
    W -13-08-230-001
    APU
    W1308230001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4084
    Latitude
    42.6888
    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
    $3,847
    $0.00
    $0.00
    $77,850
    -
    $0.00
    $0.00
    $155,700

    Comparable in this City

    • Value Estimation
      $600,000
      3,908 SF

      4922 Dixie Hwy

      RESTAURANT • 3,908 SF
      4922 Dixie Hwy, Waterford, MI 48329-1708
      View Details
    • Value Estimation
      $1,005,000
      7,966 SF

      5433 Dixie Hwy

      RESTAURANT • 7,966 SF
      5433 Dixie Hwy, Waterford, MI 48329-1614
      View Details
    • Value Estimation
      $355,000
      6,119 SF

      5171 Dixie Hwy

      RESTAURANT • 6,119 SF
      5171 Dixie Hwy, Waterford, MI 48329-1715
      View Details
    • Value Estimation by Request
      2,194 SF

      4698 Dixie Hwy

      RESTAURANT • 2,194 SF
      4698 Dixie Hwy, Waterford, MI 48329-3520
      View Details
    • Value Estimation by Request
      3,803 SF

      5723 Dixie Hwy

      RESTAURANT • 3,803 SF
      5723 Dixie Hwy, Waterford, MI 48329-1622
      View Details
    • Value Estimation by Request
      3,571 SF

      4750 Walton Blvd

      RESTAURANT • 3,571 SF
      4750 Walton Blvd, Waterford, MI 48329-3539
      View Details

    Similar Nearby for Sale

    • $599,000
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      Waterford Retail Building For Sale

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    • $500,000
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      Dixie Hwy Retail Opportunity

      Waterford Twp Retail - 1,241 SF
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    • $1,350,000
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    • $275,000

      Versatile Commercial Space For Sale

      Commercial space with flexible floor plan and ample parking.
      2574 Airport Rd, Waterford, MI 48329
      View Details
    • $399,000
      2,400 SF

      Retail Property with Beer/Wine License

      Retail property in Waterford, MI, includes beer and wine license.
      2974 W Walton Blvd, Waterford, MI 48329
      View Details
    • Contact for pricing
      2.00 Acres

      Waterford Township Commercial Land

      2-3 acre C-2 zoned land; prime retail/mixed-use.
      4315 Dixie Hwy, Waterford Township, MI 48329
      View Details

    Similar Nearby for Lease

    • $1,000 /Mo

      Retail Space on Dixie Highway

      Retail space with high exposure and multiple floorplan options.
      5806 Dixie Hwy, Waterford, MI 48329
      View Details
    • $11,250 /Mo

      Turn Key Bar/Restaurant Space

      Fully operational bar/restaurant with billiards room and entertainment space.
      5100 Dixie Hwy, Waterford, MI 48329
      View Details
    • $500,000
      1,241 SF

      Waterford Retail with Drive-Thru Potential

      Retail space available with drive-thru potential on busy Dixie Highway.
      4355 Dixie Hwy, Waterford, MI 48329
      View Details
    • $15 SF/Yr
      4,600 SF

      Dixie Highway Retail Space

      Prime Retail Space, Newly Renovated
      4895 Dixie Hwy, Waterford Township, MI 48329
      View Details
    • $12 SF/Yr
      7,000 SF

      Dixie Hwy Executive Office Space

      7,000 SF Office/Retail, High Visibility
      5806 Dixie Hwy, Waterford Township, MI 48329
      View Details
    • $17 SF/Yr
      1,241 SF

      Dixie Hwy Retail Opportunity

      Waterford Retail Space - For Lease/Sale
      4355 Dixie Hwy, Waterford Township, MI 48329
      View Details

    Property Visit Statistics

    • Visits by month
      18.1k
    • Visitors by month
      7.8k
    • Avg Time on site
      9 min
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    3490 Airport Rd
    Waterford, MI 48329-3014
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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