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    5574 Cooley Lake Rd Waterford, MI 48327

    New
    For Lease
    $1,700 /Mo ($17 SF/Yr)

    Real Estate Only - Waterford, MI

    Property size:
    1,200 SF
    Lot size:
    1.25 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 9 at 4:06 am

    Property Features for 5574 Cooley Lake Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    W9912000035
    Size
    1,200 SF
    Lot size
    1.25 Acres

    Building Details

    Building materials
    Block, Concrete
    Architectural style
    Other

    Keller Williams Professionals (734) 459-4700

    Listing agent Jeff Glover (734) 459-4700

    Listing date Dec 8, 2025

    MLS# 20251058921 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Lakeview Plaza

    A 1,200 square foot suite is available for lease at Lakeview Plaza in Waterford, Michigan. The property is suitable for multiple retail uses. Previously, the suite was used as a dentist office for over 35 years. The unit is clean and ready for buildout. The tenant is responsible for utilities. The lease term is 12 months or longer. The shopping center benefits from high visibility, with over 37,000 vehicles per day. Current tenants in the strip include Sushi Weng, Wonton Palace, Marco's Pizza, and Select Smoke Shop. The lot size is 1.25 acres.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Dental Office Auto Repair Shop Hotel & Motel Auto Parts Store Daycare Center Grocery Store Food Market Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.395513
    Latitude
    42.62678

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    FAQs

    What type of property is this?
    Strip mall - 1,200 SF retail suite available for lease in Waterford.
    Where is this strip mall located?
    The property is located at 5574 Cooley Lake Rd Waterford, MI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location with over 37,000+ vehicles per day.; - 1,200 SQFT suite available for lease.; - Suitable for multiple retail uses.
    (734) 459-4700
    Request Owner's contact information
    5574 Cooley Lake Rd Waterford, MI 48327
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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
    5574 Cooley Lake Rd Waterford, MI 48327
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