1100 Rochester RdRochester, MI 48307
- Commercial real estate
- 114,500 SF
Property Details for 1100 Rochester Rd
- Year built
- 1974
- Lot size
- 12.96 AC
- Property size (Sq ft)
- 114,500 SF
- Zone code
- BI
- Property type
- Commercial real estate
- APN
- 70-15-22-226-014
- APU
- 701522226014
Description
This exceptional 0.3-acre commercial land parcel presents a prime investment opportunity in the thriving Rochester Hills, Michigan market. Located at the highly trafficked intersection of Rochester Road and Avon Road, this outlot boasts unparalleled visibility and accessibility from both major thoroughfares. The property is ideally situated amongst a collection of successful national retailers, including Gardner White, ABC Warehouse, Edge Fitness, and Aldi, ensuring high foot traffic and brand recognition. Furthermore, the site benefits from the proximity to the Winchester Shopping Center, a dominant regional shopping destination anchored by Dick's Sporting Goods, Marshalls, Burlington, PetSmart, and numerous other established businesses. This strategic location offers significant advantages for a variety of commercial developments. The property is available for sale, ground lease, or build-to-suit opportunities, accommodating up to 10,000 square feet of development. Shared parking arrangements can be explored to maximize efficiency and minimize development costs. An added benefit is the adjacency to a Speedway gas station currently undergoing renovations, further enhancing the area's appeal and potential for increased traffic. This is a rare opportunity to acquire a highly desirable commercial land parcel in a robust and growing market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $27,258,246
- Hospitality
- $24,968,408
- Educational
- $20,773,422
- Medical
- $21,487,852
- Retail
- $32,314,212
Location Insight
- City
- Rochester Hills
- County
- Oakland
- State
- Michigan
- Latitude
- 42.6652
- Longitude
- -83.1358
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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