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Property profile & analytics
OFF-MARKET Estimated value $3,285,000
Retail space

4315 Dixie Hwy Waterford, MI 48329-3507

61,804 SF 7.85 ac lot Built 1967
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1255258
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 4315 Dixie Hwy in Waterford Township, Michigan, presents a unique investment opportunity. The property boasts a lot size ranging from 2 to 3 acres, providing ample space for a variety of commercial developments. Its strategic location in Oakland County, with a zip code of 48329, offers excellent accessibility and visibility. The property is zoned C-2, allowing for a wide range of commercial uses, subject to local ordinances and approvals. This single-tenant site is ideal for businesses seeking a prominent location with significant land area. The property is currently available for lease. Given its size and zoning, this parcel is well-suited for businesses requiring substantial space for operations, storage, or expansion. Interested parties are encouraged to conduct their own due diligence regarding permitted uses and development possibilities under the C-2 zoning classification. The latitude and longitude coordinates are 42.6813466 and -83.3751827 respectively, for precise location identification. This is a rare opportunity to secure a substantial commercial land parcel in a desirable Oakland County location. Contact us to learn more about leasing this property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Total area 61,804 SF
Lot 7.85 ac (341,946 SF)
Zoning code BI
APN W -13-10-402-004
UPID US43-1255258
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.22M
Blend (final) Blend
$3.29M
Owner & transaction history
4315 Dixie LLC · 3 yrs held
4315 Dixie LLC
since 2022
Last sale
$2.4M
5 recorded transactions
2023
Price N/A
2022
Price N/A
2022
$2.4M
2022
$231,500
2004
Price N/A
Zoning & alternative use
BI · Waterford, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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