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    359 Summit Dr, Unit | Waterford Waterford, MI 48328

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    For Lease
    $10 SF/Yr

    Move-in ready retail spaces with flexible zoning and highway access.

    Property size:
    106,252 SF
    Lot size:
    106,252 SF

    Property Features for 359 Summit Dr

    General Information

    Size
    106,252 SF

    Source: Anatola Sesi Agent Anatola Sesi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Retail Spaces Available

    This property offers move-in ready opportunities, including a fully built-out former dialysis center, a spacious open plan former JoAnn Fabrics, and a large former grocery store box featuring an 18-foot clear ceiling height. Additional spaces are available to suit a range of needs. The property is zoned for retail, medical, services, fitness, and light industrial uses. It benefits from excellent accessibility near M-59 and Telegraph Road, with strong traffic counts and convenient highway connections. The property has a total size of 106,252 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3345742
    Latitude
    42.6435462

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    FAQs

    What type of property is this?
    Retail property - Move-in ready retail spaces with flexible zoning and highway access.
    Where is this retail property located?
    The property is located at 359 Summit Dr, Unit | Waterford Waterford, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Excellent accessibility near M-59 and Telegraph Rd with strong traffic counts and convenient highway connections.; - Zoned for retail, medical, services, fitness, and light industrial.; - Move-in ready opportunities available, including a fully built-out former dialysis center, a spacious open plan former JoAnn Fabrics, and a large former grocery store.
    (248) 882-0506
    Request Owner's contact information
    359 Summit Dr, Unit | Waterford Waterford, MI 48328
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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
    359 Summit Dr, Unit | Waterford Waterford, MI 48328
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