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    Property profile & analytics

    4350 Dixie Hwy Waterford, MI 48329-3506

    • Drug stores
    • 11,198 SF
    • 1.55 lot acres
    OFF-MARKET
    Value Estimation
    $1,520,000
    Last Sale
    Jul 23, 2024
    $1,500,000
    Location Intelligence
    Property ID
    US43-1404301
    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

    • Drug stores

    Property Details for 4350 Dixie Hwy

    Year built
    1998
    Lot size
    1.55 lot acres
    Property size
    11,198 SF
    Zone code
    BI
    Property type
    Drug stores
    APN
    W -13-10-254-030
    APU
    W1310254030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,425,000
      6.5%
      $1,425,000
      7%
      $1,530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,505,000
      Geo Method
      $1,525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,575,000
      Retail
      $1,795,000
      Mixed-Use
      $1,615,000
      Hospitality
      $1,770,000
      Educational
      $1,350,000
      Residential Income
      $1,805,000
      Energy
      $1,450,000
      Income-Based Land
      $1,740,000
      Food Service
      $1,810,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3744
    Latitude
    42.6826
    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
    $29,242
    $0.00
    $0.00
    $626,140
    -
    $0.00
    $0.00
    $1,252,280

    Comparable in this City

    • Value Estimation by Request
      14,194 SF

      4800 Dixie Hwy

      DRUG STORE, PHARMACY • 14,194 SF
      4800 Dixie Hwy, Waterford, MI 48329-1705
      View Details
    • Value Estimation by Request
      12,979 SF

      4286 Dixie Hwy

      DRUG STORE, PHARMACY • 12,979 SF
      4286 Dixie Hwy, Waterford, MI 48329-3505
      View Details
    • Value Estimation by Request
      6,000 SF

      4977 Dixie Hwy

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      4977 Dixie Hwy, Waterford, MI 48329-1709
      View Details
    • Value Estimation by Request
      3,319 SF

      3700 Sashabaw Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,319 SF
      3700 Sashabaw Rd, Waterford, MI 48329-2065
      View Details
    • Value Estimation by Request
      8,060 SF

      4636 Walton Blvd

      RETAIL STORES (PERSONAL SERVICES) • 8,060 SF
      4636 Walton Blvd, Waterford, MI 48329-3535
      View Details
    • Value Estimation by Request
      3,107 SF

      4488 Walton Blvd

      BARBER, HAIR SALON • 3,107 SF
      4488 Walton Blvd, Waterford, MI 48329-4096
      View Details

    Similar Nearby for Sale

    • $119,900
      1,700 SF

      Waterford Commercial Property on Dixie

      Commercial property with high traffic and immediate possession in Waterford.
      4476 Dixie Hwy, Waterford, MI 48329
      View Details
    • $599,000
      3,727 SF

      Waterford Retail Building For Sale

      Prime Waterford location, 3,727 sq ft, multiple uses
      4210 Sashabaw Rd, Waterford Township, MI 48329
      View Details
    • $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
    • $2,500,000
      12,524 SF

      Versatile Commercial Property in Waterford

      Three buildings in high-traffic location ideal for diverse businesses.
      4667 Dixie Hwy, Waterford, MI 48329
      View Details
    • $1,350,000
      13,763 SF

      Dixie Hwy Shopping Center Investment

      High-traffic retail center, former bowling alley.
      4443 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
    • Contact for pricing
      2,880 SF

      Retail Space in Waterford Plaza

      Neighborhood plaza with 2,880 sq ft available for rent.
      4690-4718 W Walton Blvd, 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
    • $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
    • $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
    • $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
      10.8k
    • Visitors by month
      7.7k
    • Avg Time on site
      8 min
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    Waterford, MI 48329-3506
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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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