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    Property profile & analytics

    6377 Elizabeth Lk Rd Waterford, MI 48327-1716

    • Retail space
    • 6,686 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 28, 2022
    Location Intelligence
    Property ID
    US43-1422632
    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

    • Retail space

    Property Details for 6377 Elizabeth Lk Rd

    Year built
    1968
    Lot size
    0.51 lot acres
    Property size
    6,686 SF
    Zone code
    BI
    Property type
    Retail space
    APN
    W -13-29-200-030
    APU
    W1329200030

    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
    -83.4127
    Latitude
    42.6446
    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
    $171,610
    -
    $0.00
    $0.00
    $343,220

    Comparable in this City

    • Value Estimation by Request
      960 SF

      7754 Highland Rd

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      7754 Highland Rd, Waterford, MI 48327-1410
      View Details
    • Value Estimation by Request
      1,107 SF

      5721 Elizabeth Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,107 SF
      5721 Elizabeth Lk Rd, Waterford, MI 48327-2633
      View Details
    • Value Estimation by Request
      11,642 SF

      6129 Highland Rd

      RETAIL STORES (PERSONAL SERVICES) • 11,642 SF
      6129 Highland Rd, Waterford, MI 48327-1837
      View Details
    • Value Estimation by Request
      4,353 SF

      7605 Highland Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,353 SF
      7605 Highland Rd, Waterford, MI 48327-1407
      View Details
    • Value Estimation by Request
      9,989 SF

      6680 Highland Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,989 SF
      6680 Highland Rd, Waterford, MI 48327-1588
      View Details
    • Value Estimation by Request
      8,443 SF

      5205 Highland Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,443 SF
      5205 Highland Rd, Waterford, MI 48327-1916
      View Details

    Similar Nearby for Sale

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      Retail Building with High Visibility

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      Highland Road Retail/Industrial Opportunity

      Two freestanding buildings on Highland Road with high visibility.
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    • $2,100,000
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      12,000 SF Retail Center For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      3,455 SF

      Retail Space in Waterford Plaza

      Retail space available in Waterford Plaza at M-59 & Crescent.
      5038 Highland Rd, Waterford, MI 48327
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    • $12 SF/Yr
      1,000 SF

      Redeveloped Retail Center Space

      Retail spaces available in a redeveloped shopping center.
      5733 Elizabeth Lake Rd, Waterford, MI 48327
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    • Contact for pricing
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      Waterford Township Retail Gem

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    • $1,700 /Mo
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      Retail Space in Lakeview Plaza

      1,200 SF retail space available in Waterford, MI.
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    • $1,800 /Mo
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      Retail Space Available For Lease

      Retail space for lease with 1200 square feet.
      5550 Cooley Lake Rd, Waterford, MI 48327
      View Details
    • Contact for pricing
      20,000 SF

      M-59 Plaza Retail Space Available

      High-traffic Waterford Twp retail center.
      7362 Highland Rd, Waterford Township, MI 48327
      View Details
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    6377 Elizabeth Lk Rd
    Waterford, MI 48327-1716
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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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