3901 Highland Rd, Waterford, MI 48328-2162
This exceptional 10,335 square foot, single-story office building at 3901 Highland Road presents a unique investment opportunity. Recently renovated in 2024, the property boasts a prime location with excellent visibility and signage potential. The building is classified as Class C and sits on a 1.03-acre lot, zoned O-1. Currently, there are two available executive office spaces, ranging from 1,600 to 2,654 contiguous square feet, with a total of 4,254 square feet currently vacant. The maximum contiguous space available is 2,654 square feet, ideal for a medical practice such as an urgent care facility. The building, constructed in 1965, has undergone a complete renovation, offering modern amenities and a professional atmosphere. Multiple tenancy options are available, making it suitable for a variety of businesses. The minimum divisible space is 1,600 square feet, providing flexibility for smaller businesses or individual practitioners. This property offers a blend of classic charm and modern functionality, making it an attractive option for businesses seeking a high-visibility location with ample space. The recent renovations ensure a move-in ready condition, minimizing any downtime for new tenants. The property's zoning allows for a wide range of commercial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.