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Property profile & analytics

7150 Cooley Lk Rd Waterford Township, MI 48327

  • Super regional malls
  • 12,510 SF
Value Estimation
Last Sale
Feb 13, 2025
$900,000
Location Intelligence
Property ID
US43-0963273
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Super regional malls

Property Details for 7150 Cooley Lk Rd

Year built
1968
Property size
12,510 SF
Property type
Super regional malls
APN
W -13-31-476-103
APU
W1331476103

Description

This exceptional 12,510-square-foot retail space, located at 7150 Cooley Lake Road in Waterford Township, Michigan, presents a unique investment opportunity. The property, a single-tenant building within a strip center, boasts a spacious layout ideal for a variety of retail uses. Constructed in 1968 and renovated in 1989, the building is situated on a sizable lot offering ample parking with 578 spaces for customers and employees. The entire 12,510 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property is zoned C-UL Union Lake Business, allowing for a range of commercial activities. Its convenient location in Oakland County, Michigan, with a zip code of 48327, ensures high visibility and accessibility. The single-story building offers ease of navigation and functionality. This property is available for sale or lease, making it an attractive option for both investors and businesses seeking a prime retail location in a thriving community. The property's substantial size and ample parking make it an ideal location for businesses requiring significant space and convenient customer access. This is a rare opportunity to acquire a well-located, sizable retail space in a desirable area of Oakland County.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $820,000
  • CAP approach

    CAP return
    Estimation
    6%
    $830,000
    6.5%
    $805,000
    7%
    $875,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $705,000
    Geo Method
    $680,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $830,000
    Retail
    $920,000
    Mixed-Use
    $850,000
    Hospitality
    $810,000
    Educational
    $825,000
    Residential Income
    $910,000
    Energy
    $955,000
    Income-Based Land
    $735,000
    Food Service
    $710,000

Location Insight

  • Map
  • Local Demand
City
Waterford
County
Oakland
State
Michigan
Longitude
-83.4264
Latitude
42.6165
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
$16,482
$0.00
$0.00
$413,990
-
$0.00
$0.00
$827,980
More about this property
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