This exceptional commercial land parcel presents a unique investment opportunity in Roseville, Michigan. Located at 29030 Utica Road, this 19,600 square foot lot sits on the northeast corner of 12 Mile and Utica Road, offering unparalleled visibility and accessibility. The property is zoned B-3, allowing for a variety of general business uses. The lot dimensions are 140 feet by 140 feet, providing a nearly square footprint ideal for development. A deed restriction is in place, specifying permitted uses as gasoline and convenience stores. This prime location, combined with the favorable zoning and convenient size, makes this an attractive proposition for developers seeking a high-traffic area with significant potential for return on investment. The asking price is $150,000. Serious inquiries are encouraged. The property is located in Macomb County, Michigan, with a zip code of 48066.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$407,326
Hospitality
$373,109
Educational
$310,422
Medical
$321,098
Retail
$482,879
Location Insight
City
Roseville
County
Macomb
State
Michigan
Latitude
42.51
Longitude
-82.9358
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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