4443 Dixie Hwy Waterford, MI 48329-3510
This exceptional investment opportunity presents a 13,763-square-foot retail property situated on a prominent 3.23-acre lot at 4443 Dixie Highway in Waterford Township, Michigan (zip code 48329). Previously operating as a bowling alley, this clear-span building offers significant potential for redevelopment or repurposing. The property boasts an impressive 300 feet of frontage on Dixie Highway, ensuring high visibility and accessibility for potential tenants. Ample parking is available, catering to the needs of both customers and employees. The asking price for this strategically located retail center is $1,350,000. Its location in Oakland County, Michigan, provides access to a robust consumer base and strong infrastructure. The property's size and location make it an ideal candidate for a variety of retail uses, offering a unique opportunity for investors seeking a high-impact commercial investment in a thriving Michigan market. The substantial square footage and expansive lot size provide flexibility for future development and expansion. This is a rare chance to acquire a well-positioned property with significant upside potential.
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
II · Waterford, MICosts & 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.