Property profile

5328 Highland Rd Waterford, MI 48327

OFF-MARKET
Turn key restaurants
Property ID
US43-5202050
2,047 SF 10.07 ac lot Built 1994
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 108,000 square foot sports and entertainment complex, situated on a sprawling 10.07-acre lot in Waterford Township, Michigan, presents a rare investment opportunity. Built in 1994 and zoned C-4, the property includes both real estate and the established Oakland Yard Athletics business. The facility boasts a wide array of indoor and outdoor sports amenities, catering to diverse age groups and activities. These include football, soccer, lacrosse, basketball, pickleball, baseball, softball, cornhole, field hockey, kickball, and volleyball, supporting organized youth and adult leagues and tournaments. Revenue streams are diversified through private rentals for team practices and training, event rentals, and a variety of hosted events such as field trips, graduation parties, corporate events, weddings, and fundraisers. A significant asset is the newly renovated outdoor patio bar, complete with a pavilion, ample seating, stainless steel bar, fire pit, and views overlooking the outdoor courts and fields. The property's prime location in Oakland County, coupled with the existing liquor license, further enhances its appeal and potential for continued growth and profitability. The property's APN is 13-16-451-019. This is a turnkey operation with significant upside potential for a savvy investor.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1994
Total area 2,047 SF
Lot 10.07 ac (438,649 SF)
Zoning code BI
APN W -13-16-451-019
UPID US43-5202050

Cap rate & NOI

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

Location

5328 Highland Rd Waterford, MI 48327-1918
Waterford metro Census 144400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2026
4 recorded transactions
2026
Price N/A
2004
Price N/A
2004
Price N/A
1969
Price N/A

Zoning & alternative use

BI · Waterford, MI

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5328 Highland Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message