Property profile

4860 Midland Ave Waterford, MI 48329

OFF-MARKET
Day care centers
Property ID
US43-1738929
25,655 SF 5.38 ac lot Built 1956
Individually Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1956
Total area 25,655 SF
Lot 5.38 ac (234,353 SF)
Zoning code ME
APN W -13-03-301-002
UPID US43-1738929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4860 Midland Ave Waterford, MI 48329-1743
Waterford metro Census 144100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.51M
Blend (final) Blend
$345k

Owner & transaction history

since 2016
3 recorded transactions
2023
Price N/A
2016
Price N/A
2013
Price N/A

Zoning & alternative use

ME · Waterford, MI
Top alternative use upside
Commercial (general) $4.5M +28.3%
Restaurant $4.4M +26.6%
Medical building $4.1M +15.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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