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    OFF-MARKET
    Super regional malls

    6005 Highland Rd, Waterford, MI 48327-1836

    4,939 SF 0.6 ac lot Built 2005
    Entity Owned 21-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-5293933
    Property summary
    AI-generated overview

    This 5,000 square foot freestanding retail building, constructed in 2005, is located at a high-traffic, signalized intersection in Waterford Township, Michigan (zip code 48327), at 6005 Highland Road. The property offers excellent visibility due to its hard corner location and includes building and monument signage opportunities. Access is convenient from both Highland Road and Airport Road. Three individual spaces are available, ranging from 1,481 to 1,977 square feet, with the possibility of combining spaces for larger tenants. The flexible layout makes this property suitable for various uses, including medical, office, or retail businesses. This prime location provides exceptional exposure and accessibility for attracting customers and clients. The property's versatile design and desirable location present a unique opportunity for businesses seeking a prominent presence in a thriving community.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 2005
    Total area 4,939 SF
    Lot 0.6 ac (26,136 SF)
    Zoning code BI
    APN W -13-20-276-028
    UPID US43-5293933
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    6005 Highland Rd LLC · 21 yrs held
    6005 Highland Rd LLC
    since 2004
    5 recorded transactions
    2022
    2005
    2004
    $720,000
    2001
    1969
    Zoning & alternative use
    BI · Waterford, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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