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    Property profile & analytics

    5451 Dixie Hwy Waterford, MI 48329-1614

    • Office buildings
    • 13,307 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 19, 2022
    Location Intelligence
    Property ID
    US43-1345287
    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

    • Office buildings

    Property Details for 5451 Dixie Hwy

    Year built
    1944
    Lot size
    0.93 lot acres
    Property size
    13,307 SF
    Zone code
    II
    Property type
    Office buildings
    APN
    W -13-04-252-005
    APU
    W1304252005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3974
    Latitude
    42.6974
    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
    $9,591
    $0.00
    $0.00
    $195,230
    -
    $0.00
    $0.00
    $390,460

    Comparable in this City

    • Value Estimation by Request
      1,609 SF

      3150 Sashabaw Rd

      OFFICE BUILDING • 1,609 SF
      3150 Sashabaw Rd, Waterford, MI 48329-4043
      View Details
    • Value Estimation by Request
      4,076 SF

      4625 Walton Blvd

      OFFICE BUILDING • 4,076 SF
      4625 Walton Blvd, Waterford, MI 48329-3536
      View Details
    • Value Estimation by Request
      1,422 SF

      4576 Walton Blvd

      OFFICE BUILDING • 1,422 SF
      4576 Walton Blvd, Waterford, MI 48329-4905
      View Details
    • Value Estimation by Request
      1,107 SF

      4678 Dixie Hwy

      OFFICE BUILDING • 1,107 SF
      4678 Dixie Hwy, Waterford, MI 48329-3517
      View Details
    • Value Estimation
      $215,000
      1,122 SF

      4010 Walton Blvd Ste B

      OFFICE BUILDING • 1,122 SF
      4010 Walton Blvd Ste B, Waterford, MI 48329-4192
      View Details
    • Value Estimation
      $380,000
      3,124 SF

      5841 Andersonville Rd

      OFFICE BUILDING • 3,124 SF
      5841 Andersonville Rd, Waterford, MI 48329-1509
      View Details

    Similar Nearby for Sale

    • $275,000

      Versatile Commercial Space For Sale

      Commercial space with flexible floor plan and ample parking.
      2574 Airport Rd, Waterford, MI 48329
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    • New
      $349,000
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      Waterfront Multifamily with Unique Features

      Updated multifamily property on Van Norman Lake with unique amenities.
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    • $600,000
      5.00 Acres

      Clintonville & Mann Road Commercial Land

      5± Acres, Prime Corner Location, $600,000
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    • $500,000
      1,241 SF

      Dixie Hwy Retail Opportunity

      Waterford Twp Retail - 1,241 SF
      4355 Dixie Hwy, Waterford Township, MI 48329
      View Details
    • Contact for pricing
      2.00 Acres

      Waterford Township Commercial Land

      2-3 acre C-2 zoned land; prime retail/mixed-use.
      4315 Dixie Hwy, Waterford Township, MI 48329
      View Details
    • Contact for pricing
      429,210 SF

      Waterford Warehouse - 429,210 SF

      Modern warehouse, excellent location, high demand.
      5400 Perry Dr, Waterford Township, MI 48329
      View Details

    Similar Nearby for Lease

    • $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 SF/Yr
      5,400 SF

      Waterford Flex Space Sublease

      5,400 SF flex space sublease near US-24.
      5499 Perry Dr, Waterford, MI 48329
      View Details
    • $12 SF/Yr
      31,929 SF

      Dixie Hwy Retail Center

      Waterford Twp retail space available.
      5300 Dixie Hwy, Waterford Township, MI 48329
      View Details
    • Contact for pricing

      Waterford Township Commercial Space Available

      Commercial property available for rent in Waterford Township, Michigan.
      5100 Dixie Hwy, Waterford Township, 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
    • $100 SF/Yr

      Waterford Township Specialty Property

      Specialty property available for rent in Waterford Township, Michigan.
      4667 Dixie Hwy Hwy, Waterford, MI 48329
      View Details
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    Waterford, MI 48329-1614
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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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