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    Property profile & analytics

    4187 Highland Rd Waterford, MI 48328-2136

    • Super regional malls
    • 28,159 SF
    • 2.89 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 22, 2024
    Location Intelligence
    Property ID
    US43-1712459
    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

    • Super regional malls

    Property Details for 4187 Highland Rd

    Year built
    1980
    Lot size
    2.89 lot acres
    Property size
    28,159 SF
    Zone code
    BI
    Property type
    Super regional malls
    APN
    W -13-22-476-021
    APU
    W1322476021

    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
    -83.3697
    Latitude
    42.6511
    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
    $43,258
    $0.00
    $0.00
    $973,320
    -
    $0.00
    $0.00
    $1,946,640

    Comparable in this City

    • Value Estimation by Request
      101,379 SF

      2390 Elizabeth Lk Rd

      REGIONAL SHOPPING CENTER, MALL • 101,379 SF
      2390 Elizabeth Lk Rd, Waterford, MI 48328-3308
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    • Value Estimation by Request
      7,524 SF

      3468 Pontiac Lk Rd

      REGIONAL SHOPPING CENTER, MALL • 7,524 SF
      3468 Pontiac Lk Rd, Waterford, MI 48328-2402
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    • Value Estimation by Request
      21,281 SF

      4512 Pontiac Lk Rd

      REGIONAL SHOPPING CENTER, MALL • 21,281 SF
      4512 Pontiac Lk Rd, Waterford, MI 48328-2061
      View Details
    • Value Estimation by Request
      15,158 SF

      11 Cass Lk Rd

      REGIONAL SHOPPING CENTER, MALL • 15,158 SF
      11 Cass Lk Rd, Waterford, MI 48328-3522
      View Details
    • Value Estimation by Request
      13,919 SF

      2301 Dixie Hwy

      REGIONAL SHOPPING CENTER, MALL • 13,919 SF
      2301 Dixie Hwy, Waterford, MI 48328-1811
      View Details
    • Value Estimation
      $1,510,000
      21,629 SF

      1003 Cass Lk Rd, Unit 1067

      REGIONAL SHOPPING CENTER, MALL • 21,629 SF
      1003 Cass Lk Rd, Waterford, MI 48328-4509
      View Details

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    Similar Nearby for Lease

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      Summit Mall Retail Space Available

      Retail spaces available in Summit Mall Development District.
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      7,200 SF

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      Summit Mall Retail Space Available

      Retail spaces in Summit Mall Development District, from 1,071 SF.
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      Retail Space in Growing Community

      Retail space available in a high-traffic, growing community.
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    • $25,000

      Retail Space on Corner Lot

      Former Rite Aid available for ground lease or sale.
      3273 W Huron St, Waterford, MI 48328
      View Details
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    4187 Highland Rd
    Waterford, MI 48328-2136
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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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