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    5733 Elizabeth Lake Rd Waterford, MI 48327

    For Lease
    $12 SF/Yr ($1,000 /Mo)

    Retail spaces available in a redeveloped shopping center.

    Property size:
    1,000 SF
    Lot size:
    0.51 Acres

    Property Features for 5733 Elizabeth Lake Rd

    General Information

    Size
    1,000 SF
    Lot size
    0.51 Acres

    Source: Friedman Integrated Real Estate - Corporate Agent Rick Kaplan

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

    Overview

    Redeveloped Retail Center Space

    This redeveloped retail center offers spaces ranging from 1,000 to 2,000 square feet. Signage opportunities are available. The location benefits from a busy convenience store within the plaza. The property is located in a neighborhood setting and is suitable for a pizza or sandwich shop.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3995487
    Latitude
    42.6451448

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in a redeveloped shopping center.
    Where is this shopping center located?
    The property is located at 5733 Elizabeth Lake Rd Waterford, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Redeveloped retail center with spaces from 1,000 SF to 2,000 SF available.; - Great neighborhood location with a very busy convenience store within the plaza.; - Signage available.
    (248) 324-2000
    Request Owner's contact information
    5733 Elizabeth 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
    5733 Elizabeth Lake Rd Waterford, MI 48327
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