Waterford, Michigan Commercial Real Estate 0 Listings

Waterford, Michigan: A Premier Destination for Commercial Real Estate

Introduction

Waterford, Michigan, located in Oakland County, offers a compelling landscape for commercial real estate (CRE) investment. With a population of approximately 75,000, Waterford is strategically positioned within Michigan's thriving economic corridor. The city's economy is driven by diverse industries, including automotive, manufacturing, and healthcare, providing a solid foundation for various CRE opportunities. Waterford's strategic location near major urban centers and its robust industrial base make it an attractive destination for businesses and real estate investors alike.

Economic and Industry Overview

Waterford's economy is bolstered by its proximity to Detroit, a global hub for the automotive industry. The presence of manufacturing and logistics companies drives demand for industrial properties. In addition, healthcare services contribute significantly to the local economy, with an increasing need for medical office spaces. Regional economic development initiatives, such as those led by Oakland County's Economic Development & Community Affairs agency, support business growth and infrastructure improvements, enhancing the city's CRE landscape.

Strategic Location and Transportation Infrastructure

Waterford benefits from excellent transportation infrastructure, including access to major highways such as I-75 and M-59, facilitating efficient logistics and distribution. The city is also served by the Oakland County International Airport, one of the busiest general aviation airports in the United States, providing significant logistical advantages. Moreover, Waterford's location offers easy access to labor pools and proximity to key markets, making it ideal for businesses seeking strategic expansion.

Commercial Real Estate Inventory & Zoning

Waterford's commercial real estate inventory includes diverse submarkets, from bustling retail corridors to expansive industrial zones. Key asset classes include:

Industrial: Concentrated along the Dixie Highway corridor, offering warehousing and manufacturing facilities.
Retail: High-demand areas such as the Pontiac Lake Road corridor.
Office and Medical: Increasingly popular in the city's central business district (CBD).

Waterford's zoning maps and parcel viewers provide detailed insights into development opportunities, including incentives for developers. Explore the city's zoning and planning resources:

Major Employers and Institutions

Waterford hosts several major employers that drive CRE demand, including:

General Motors: Key facilities in nearby areas influence demand for industrial and office spaces.
McLaren Oakland Hospital: A significant healthcare provider influencing medical office demand.
Schoolcraft College: Enhances local educational infrastructure, contributing to office and mixed-use developments.

For more information, visit the Waterford Chamber of Commerce.

Notable Commercial Developments & Projects

Waterford is witnessing several large-scale developments, including mixed-use projects and urban renewal initiatives. The presence of Opportunity Zones provides additional incentives for investors seeking tax advantages. Public-private partnerships are actively shaping the city's CRE landscape.

Waterford Township Development Projects

Building Permits, Planning, and Development Tools

Waterford offers comprehensive tools and resources for developers:

Market Data & Economic Reports

Access to detailed market data is critical for CRE decision-making. Public datasets and economic reports from sources like census.gov and Waterford's open data portal offer invaluable insights. Brevitas leverages AI-powered aggregation from these public data sources, providing comprehensive market intelligence. Explore Brevitas-powered dashboards for Waterford here.

Why Use Brevitas for Waterford, Michigan CRE?

Brevitas offers a cutting-edge platform for discovering CRE opportunities in Waterford. Our AI-driven tools provide real-time market alerts, smart property pages, and seamless dealroom collaboration. Key features include: