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    7150 Cooley Lake Rd Waterford Township, MI 48327
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    Property profile & analytics

    7150 Cooley Lake Rd Waterford Township, MI 48327


    • Super regional malls
    • 12,510 SF
    Retail Building with High Visibility For Sale
    $899,000
    12,500 SF

    Retail Building with High Visibility

    12,500 SF building with 9.5% cap rate.

    7150 Cooley Lake Rd, Waterford Township, MI 48327
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Super regional malls

    Property Details for 7150 Cooley Lake Rd

    Year built
    1968
    Property size
    12,510 SF
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $820,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $868,000
      Market price range: $699k - $1.74M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,165,000
      Current use
      RETAIL STORES
      $1,280,000
      Change: +10% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,210,000
      Change: +4% Conversion: Difficult
      OFFICE BUILDING
      $1,095,000
      Change: -6% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $1,015,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    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
    View Listing
    More about this property
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