3985 Rochester RdRochester Hills, MI 48307

  • Commercial real estate
  • 3,443 SF
For Sale
$749,999 View listing

Property Details for 3985 Rochester Rd

Year built
1960
Lot size
0.42 AC
Property size (Sq ft)
3,443 SF
Zone code
BI
Property type
Commercial real estate
APN
70-15-35-353-041
APU
701535353041

Description

This exceptional 3,443 square foot freestanding commercial property presents a unique investment opportunity in the thriving Rochester Hills market. Located at the hard corner of Rochester Road and South Boulevard, this highly visible C-Class building boasts a 0.42-acre lot and benefits from its strategic position just south of the M-59 Highway exit, ensuring high traffic volume and excellent exposure. Currently vacant, this versatile space is zoned B-1, allowing for a variety of uses including retail, office, and medical. The single point of ingress/egress on South Boulevard provides convenient access. The asking price is $749,999. This property is ideal for owner-users seeking a prominent location to establish or expand their business. Its flexible zoning and high visibility make it an attractive asset for a wide range of commercial ventures. The building's previous uses included storefront, shopping center, and medical office spaces, demonstrating its adaptability to various business models. Don't miss this chance to acquire a prime piece of Rochester Hills real estate with significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $819,652
    Hospitality
    $750,797
    Educational
    $624,654
    Medical
    $646,137
    Retail
    $971,684
3985 Rochester Rd, Rochester Hills, Michigan

Location Insight

City
Rochester Hills
County
Oakland
State
Michigan
Latitude
42.6233
Longitude
-83.1302
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
2022
$5,818
-
-
$127,400
-
-
-
$254,800

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