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Financial
Distress signals
Property profile

7890 Highland Rd Waterford, MI 48327

OFF-MARKET
Turn key restaurants
Property ID
US43-0010630
4,998 SF Built 1948
Last sale Oct 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4,998-square-foot freestanding retail building, located at 7890 Highland Rd in Waterford Township, Michigan, presents a unique investment opportunity. Situated on a one-acre lot with 62 parking spaces, this single-tenant property boasts a prime waterfront location, ideal for a restaurant or other retail ventures. The entire building is currently vacant, offering immediate occupancy for a new business. The property's address is 7890 Highland Rd, Waterford Township, MI 48327,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value · 2024$374k
Effective rate4.42%

Value estimate

· Oct 2026
$230k
$207k – $253k
Submarket $/SF estimate$670k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$99 – $238
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply16.3
Dental Office15.4
Law Firm14.5

Location

7890 Highland Rd Waterford, MI 48327-1412
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7265 Highland, Waterford, MI 48327-1507 $300,000 Jan 2024 4,364 SF
5380 Highland, Waterford, MI 48327-1919 $330,000 Aug 2023 6,160 SF
5684 Highland, Waterford, MI 48327-1928 $532,995 Nov 2022 4,050 SF
1009 Cres Lk, Waterford, MI 48327-2409 $1,100,000 Sep 2022 4,062 SF
1620 Airport, Waterford, MI 48327-1301 $830,000 Dec 2019 6,000 SF
7617 Highland, Waterford, MI 48327-1407 $200,000 Oct 2019 5,774 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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