5990 HighlandWaterford, MI 48327

  • Grocery and convenience stores
  • 2,315 SF
Off market
$6,912,880 Estimated

Property Details for 5990 Highland

Year built
1988
Lot size
0.69 AC
Property size (Sq ft)
2,315 SF
Zone code
BI
Property type
Grocery and convenience stores
APN
W -13-16-352-016
APU
W1316352016

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $582,561
    6.5%
    $537,749
    7%
    $499,338
  • Comparable approach

    Method
    Valuation
    Relative Method
    $545,694
    Geo Method
    $545,694
  • Alternative Use

    Use
    Valuation
    Residential
    $453,611
    Hospitality
    $415,505
    Educational
    $345,696
    Medical
    $357,585
    Retail
    $537,749

Location Insight

City
Waterford
County
Oakland
State
Michigan
Latitude
42.6603
Longitude
-83.4054
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
$17,473
-
-
$407,460
-
-
-
$814,920

Property Visit Statistics

  • Visits by month
    38.5k
  • Visitors by month
    25.2k
  • Avg Time on site
    8 min

FAQs

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