7700 15 Mile RdSterling Heights, MI 48312

Property Details for 7700 15 Mile Rd

Lot size

1.31 AC

Zone code

C-3

Property type

Commercial land

APN

10-10-33-226-025

APU

101033226025

Description

This exceptional 1.31-acre commercial land parcel presents a unique investment opportunity in the thriving Sterling Heights, Michigan market. Located at 7700 15 Mile Rd, 48312, this property boasts a highly desirable C-3 zoning designation, opening doors to a wide range of commercial ventures. The lot features impressive dimensions, measuring 260 feet of frontage along 15 Mile Road and a depth of 220 feet, providing ample space for development. Its strategic location offers unparalleled visibility and accessibility, situated near major retail anchors including a Walmart Supercenter, Target, and Meijer, ensuring high traffic volume and customer exposure. The area's robust automotive sector, with new and used car sales, service, and parts exceeding $1 billion annually on Van Dyke Road between 14 and 19 Mile Roads, further underscores the property's potential. Daily traffic counts reinforce this prime location: 30,341 vehicles pass along West 15 Mile Road, and 64,200 vehicles travel on Van Dyke (M-53) daily. This property is priced at $495,000 and represents a compelling investment for developers seeking a high-traffic, strategically located site in a dynamic commercial corridor. Don't miss this chance to acquire a piece of Sterling Heights' vibrant commercial landscape.

• Alternative Use

  Use

  Valuation

  Residential

  $13,615,792

  Hospitality

  $12,471,992

  Educational

  $10,376,551

  Medical

  $10,733,416

  Retail

  $16,141,301

Location Insight

City

Sterling Heights

County

Macomb

State

Michigan

Latitude

42.5507

Longitude

-83.0314

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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