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    Property profile & analytics

    Waterford, MI 48327

    • Commercial land
    • 2.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0118002
    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

    • Commercial land

    Property Details

    Lot size
    2.28 lot acres
    Zone code
    BV
    Property type
    Commercial land
    APN
    W -13-18-451-021
    APU
    W1318451021

    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
    -83.4352
    Latitude
    42.6598
    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
    $10,951
    $0.00
    $0.00
    $208,840
    -
    $0.00
    $0.00
    $417,680

    Comparable in this City

    • Value Estimation by Request
      3.05 Acres

      Waterford, MI 48327

      VACANT COMMERCIAL LAND • 3.05 Acres
      Waterford, MI 48327
      View Details
    • Value Estimation by Request
      0.06 Acres

      1641 Balian Rde-37

      VACANT COMMERCIAL LAND • 0.06 Acres
      1641 Balian Rde-37, Waterford, MI 48327-1976
      View Details
    • Value Estimation by Request
      0.06 Acres

      1641 Balian Rde-41

      VACANT COMMERCIAL LAND • 0.06 Acres
      1641 Balian Rde-41, Waterford, MI 48327-1976
      View Details
    • Value Estimation by Request
      4.65 Acres

      Waterford, MI 48327

      VACANT COMMERCIAL LAND • 4.65 Acres
      Waterford, MI 48327
      View Details
    • Value Estimation by Request
      1.07 Acres

      5675 Pontiac Lk Rd

      VACANT COMMERCIAL LAND • 1.07 Acres
      5675 Pontiac Lk Rd, Waterford, MI 48327-2114
      View Details
    • Value Estimation by Request
      0.64 Acres

      Waterford, MI 48327

      VACANT COMMERCIAL LAND • 0.64 Acres
      Waterford, MI 48327
      View Details

    Similar Nearby for Sale

    • $1,199,000
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      Waterford Vacant Commercial Land Available

      6.8 acres of commercial land near M59 in Waterford.
      1 Balian Dr, Waterford, MI 48327
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      Commercial Land For Sale

      Commercial land available for sale.
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    • $220,000

      Commercial Land For Sale

      Commercial land available for purchase.
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      Corner Parcel in Waterford

      Corner parcel in Waterford, MI, near a busy gas station.
      5803 Cooley Lake Rd, Waterford, MI 48327
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    • $220,000

      Commercial Land For Sale

      Commercial land available for sale.
      1641 Balian Rd E-40, Waterford, MI 48327
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    • $54,500

      Commercial Land on Elizabeth Lake

      Commercial land with frontage on Elizabeth Lake Road.
      000 Elizabeth Lake Rd, Pontiac, MI 48327
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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
      View Details
    • $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
      View Details
    • Contact for pricing
      4,998 SF

      Waterford Township Retail Gem

      Lakefront Restaurant Opportunity, 4,998 SF
      7890 Highland Rd, Waterford Township, MI 48327
      View Details
    • $450 /Mo
      1,092 SF

      Waterford Office Space For Rent

      Office space with high visibility on M-59 in Waterford.
      6695 Highland 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
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    • $20 SF/Yr
      4,537 SF

      Waterford Twp Restaurant - 4,537 SF

      Prime Restaurant Space, 1.43 Acres
      5834 Highland Rd, Waterford Township, MI 48327
      View Details
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    Waterford, MI 48327
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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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