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    Property profile & analytics

    5990 Williams Lk Rd Waterford, MI 48329-3289

    • Grocery and convenience stores
    • 1,993 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1070695
    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

    • Grocery and convenience stores

    Property Details for 5990 Williams Lk Rd

    Year built
    1975
    Lot size
    0.52 lot acres
    Property size
    1,993 SF
    Zone code
    BI
    Property type
    Grocery and convenience stores
    APN
    W -13-05-478-018
    APU
    W1305478018

    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
    -83.4078
    Latitude
    42.6894
    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
    $7,296
    $0.00
    $0.00
    $176,090
    -
    $0.00
    $0.00
    $352,180

    Comparable in this City

    • Value Estimation by Request
      2,375 SF

      4960 Dixie Hwy

      GROCERY, SUPERMARKET • 2,375 SF
      4960 Dixie Hwy, Waterford, MI 48329-1708
      View Details
    • Value Estimation by Request
      21,090 SF

      3515 Sashabaw Rd

      GROCERY, SUPERMARKET • 21,090 SF
      3515 Sashabaw Rd, Waterford, MI 48329-2656
      View Details
    • Value Estimation
      $305,000
      3,498 SF

      6919 Williams Lk Rd

      GROCERY, SUPERMARKET • 3,498 SF
      6919 Williams Lk Rd, Waterford, MI 48329-2998
      View Details
    • Value Estimation
      $475,000
      3,680 SF

      5939 Andersonville Rd

      GROCERY, SUPERMARKET • 3,680 SF
      5939 Andersonville Rd, Waterford, MI 48329-1515
      View Details
    • Value Estimation by Request
      6,850 SF

      3676 Dixie Hwy

      GROCERY, SUPERMARKET • 6,850 SF
      3676 Dixie Hwy, Waterford, MI 48329-4209
      View Details
    • Value Estimation by Request
      2,865 SF

      3461 Airport Rd

      GROCERY, SUPERMARKET • 2,865 SF
      3461 Airport Rd, Waterford, MI 48329-3017
      View Details

    Similar Nearby for Sale

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      Retail Property with Beer/Wine License

      Retail property in Waterford, MI, includes beer and wine license.
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      Versatile Commercial Space For Sale

      Commercial space with flexible floor plan and ample parking.
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    • $500,000
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      Dixie Hwy Retail Opportunity

      Waterford Twp Retail - 1,241 SF
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    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
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    • 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
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    • $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
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    • $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
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    • $11,250 /Mo

      Turn Key Bar/Restaurant Space

      Fully operational bar/restaurant with billiards room and entertainment space.
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    • $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
      13.4k
    • Visitors by month
      8.4k
    • Avg Time on site
      6 min
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    5990 Williams Lk Rd
    Waterford, MI 48329-3289
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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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