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    Property profile & analytics

    3685 Elizabeth Lk Rd Waterford, MI 48328-3013

    • Retail space
    • 2,398 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 24, 2022
    Location Intelligence
    Property ID
    US43-1085039
    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

    • Retail space

    Property Details for 3685 Elizabeth Lk Rd

    Year built
    1954
    Lot size
    0.41 lot acres
    Property size
    2,398 SF
    Zone code
    II
    Property type
    Retail space
    APN
    W -13-26-326-004
    APU
    W1326326004

    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
    -83.3587
    Latitude
    42.6388
    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
    $3,811
    $0.00
    $0.00
    $85,220
    -
    $0.00
    $0.00
    $170,440

    Comparable in this City

    • Value Estimation by Request
      2,160 SF

      3115 Dixie Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      3115 Dixie Hwy, Waterford, MI 48328-1602
      View Details
    • Value Estimation by Request
      2,479 SF

      54 Cass Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,479 SF
      54 Cass Lk Rd, Waterford, MI 48328-3521
      View Details
    • Value Estimation by Request
      5,130 SF

      2255 Elizabeth Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,130 SF
      2255 Elizabeth Lk Rd, Waterford, MI 48328-3306
      View Details
    • Value Estimation by Request
      1,914 SF

      163 Telegraph Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,914 SF
      163 Telegraph Rd, Waterford, MI 48328-3765
      View Details
    • Value Estimation by Request
      1,491 SF

      1120 Voorheis Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,491 SF
      1120 Voorheis Rd, Waterford, MI 48328-3944
      View Details
    • Value Estimation by Request
      4,432 SF

      2588 Dixie Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,432 SF
      2588 Dixie Hwy, Waterford, MI 48328-1707
      View Details

    Similar Nearby for Sale

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      Bar and Restaurant with License

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      5,000 SF

      Waterford Restaurant & Bar Sale

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    Similar Nearby for Lease

    • $10 SF/Yr
      17,000 SF

      Former Grocery Store with Equipment

      17,000 SF retail space with equipment and ample parking.
      3415 Elizabeth Lake Rd, Waterford, MI 48328
      View Details
    • $14 SF/Yr
      1,000 SF

      Retail Space in Growing Community

      Retail space available in a high-traffic, growing community.
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      View Details
    • $1,200 /Mo

      Renovated Retail/Storage Building Available

      Recently renovated commercial/storage building with units available for immediate occupancy.
      3135 Dixie Hwy, Waterford, MI 48328
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    • $1,350 /Mo
      5,985 SF

      Renovated Commercial Building in Waterford

      Renovated commercial building with high visibility and ample parking.
      2701 Elizabeth Lake Rd, Waterford, MI 48328
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    • $1,350 /Mo
      5,985 SF

      Renovated Commercial Building in Waterford

      Renovated commercial building with high visibility and ample parking.
      2701 Elizabeth Lake Rd, Waterford, MI 48328
      View Details
    • $6,500 /Mo
      13,000 SF

      Waterford Commercial Space For Lease

      13,000 sq ft commercial space ideal for various businesses.
      2523 Elizabeth Lake Rd, Waterford, MI 48328
      View Details
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    Waterford, MI 48328-3013
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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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