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    Property profile & analytics

    7960 Cooley Lk Rd Waterford, MI 48327-4184

    • Drug stores
    • 12,937 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 07, 2020
    Location Intelligence
    Property ID
    US43-0055699
    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

    • Drug stores

    Property Details for 7960 Cooley Lk Rd

    Year built
    2004
    Lot size
    1.53 lot acres
    Property size
    12,937 SF
    Zone code
    BI
    Property type
    Drug stores
    APN
    W -13-31-351-104
    APU
    W1331351104

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4412
    Latitude
    42.6154
    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
    $32,045
    $0.00
    $0.00
    $764,150
    -
    $0.00
    $0.00
    $1,528,300

    Comparable in this City

    • Value Estimation by Request
      2,010 SF

      7362 Highland Rd

      DRUG STORE, PHARMACY • 2,010 SF
      7362 Highland Rd, Waterford, MI 48327-1508
      View Details
    • Value Estimation
      $5,985,000
      14,496 SF

      5983 Highland Rd

      DRUG STORE, PHARMACY • 14,496 SF
      5983 Highland Rd, Waterford, MI 48327-1868
      View Details
    • Value Estimation by Request
      3,050 SF

      6381 Elizabeth Lk Rd

      GROCERY, SUPERMARKET • 3,050 SF
      6381 Elizabeth Lk Rd, Waterford, MI 48327-1716
      View Details
    • Value Estimation by Request
      6,686 SF

      6377 Elizabeth Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,686 SF
      6377 Elizabeth Lk Rd, Waterford, MI 48327-1716
      View Details
    • Value Estimation
      $4,835,000
      2,315 SF

      5990 Highland Rd

      GROCERY, SUPERMARKET • 2,315 SF
      5990 Highland Rd, Waterford, MI 48327-1829
      View Details
    • Value Estimation
      $1,020,000
      2,257 SF

      7000 Cooley Lk Rd

      GROCERY, SUPERMARKET • 2,257 SF
      7000 Cooley Lk Rd, Waterford, MI 48327-4111
      View Details

    Similar Nearby for Sale

    • $294,000

      M-59 Frontage Retail/Office Opportunity

      High-traffic location with frontage on M-59 in Oakland County.
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    • $899,000
      12,500 SF

      Retail Building with High Visibility

      12,500 SF building with 9.5% cap rate and escalations.
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    • New
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      Waterford, MI Retail Opportunity

      Retail space for sale with existing store setup in Waterford.
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    • $2,100,000
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      12,000 SF Retail Center For Sale

      Fully occupied retail center with high visibility on M-59.
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      49,434 SF building on 7.5 acres, renovated in 2023.
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    Similar Nearby for Lease

    • Contact for pricing
      3,455 SF

      Retail Space in Waterford Plaza

      Retail space available in Waterford Plaza at M-59 & Crescent.
      5038 Highland Rd, Waterford, MI 48327
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    • $12 SF/Yr
      1,000 SF

      Redeveloped Retail Center Space

      Retail spaces available in a redeveloped shopping center.
      5733 Elizabeth Lake Rd, Waterford, MI 48327
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    • Contact for pricing
      4,998 SF

      Waterford Township Retail Gem

      Lakefront Restaurant Opportunity, 4,998 SF
      7890 Highland Rd, Waterford Township, MI 48327
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      20,000 SF

      M-59 Plaza Retail Space Available

      High-traffic Waterford Twp retail center.
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      Retail Space in Kroger-Anchored Center

      Retail space available in Kroger-anchored shopping center in Waterford.
      5205-5217 Highland Rd, Waterford, MI 48327
      View Details
    • Contact for pricing
      2,603 SF

      Retail Space in Kroger-Anchored Center

      Retail space for lease in Kroger-anchored shopping center.
      5111-5159 Highland Rd, Waterford, MI 48327
      View Details

    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      864
    • Avg Time on site
      9 min
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    Waterford, MI 48327-4184
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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
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