For Sale
5500 Cooley Lake Road, Waterford, MI 48327
$20
MLS # 26022424 (Michigan Regional Information Center (MichRIC))
Built 19771.25 acres
1 / 13
Listing Description
1,200 SF; Inline; Retail/Office for Lease Lakeview Plaza is located Cooley Lake Road at Cass Elizabeth Road, the heart of Oakland County's lakes area. The center has easy access at the lighted intersection, ample parking, and pylon signage. The available space is suitable for retail, restaurant or office use.
Source: SparkMLS
About this home
Currently offered at $20.
Estimated annual property tax: $17,187, or about $1,432 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Lease
Property SubtypeRetail
Bathrooms0
Lot Size1.25 acres
Year Built1977
Location
CityWaterford
MunicipalityCommerce Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
HeatingForced Air
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed5/13/2026
Source: SparkMLS
Tax Information
Tax Year2025
State Equalized Value$565,200
Taxable Value$483,700
Assessed Value$483,700
Parcel #1333126009
Source: Public Records
Legal Description
T3N, R9E, SEC 33 PART OF NW 1/4 BEG AT PT DIST S 677.02 FT & W 43.00 FT & S 07-02-41 W 223.73 FT, FROM N 1/4 COR, TH ALG CURVE CONCAVE WLY, RAD 911.93 FT, CHORD BEARS S 20-49-22 W 215.00 FT, DIST OF 216.05 FT, TH S 27-40-00 W 67.00 FT, TH S 44-45-30 E 44.09 FT, TH S 10-08-40 W 6.36 FT, TH N 44-32-10 W 247.79 FT, TH N 47-46-50 W 432.23 FT, TH S 73-30-25 E 596.02 FT TO BEG 1.25 A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tjader Gerdom
GRI Homes for Today
Frequently Asked Questions about 5500 Cooley Lake Road, Waterford, MI 48327
Which school district serves 5500 Cooley Lake Road, Waterford, MI 48327?
Per MLS# 26022424, 5500 Cooley Lake Road, Waterford, MI 48327 is in the Waterford boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Waterford directly to confirm enrollment eligibility.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5500 Cooley Lake Road, Waterford, MI 48327 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 5500 Cooley Lake Road, Waterford, MI 48327 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 5500 Cooley Lake Road, Waterford, MI 48327?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$17,187
Monthly$1,432
Millage rate30.4079 mills
Municipality: CHARTER TOWNSHIP OF WATERFORD
School district: PONTIAC CITY SCHOOL DISTRICT
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$1,432
Principal & interest$0
Property taxes$1,432
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5500 Cooley Lake Road, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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