42545 Mound RdSterling Heights, MI 48314

Property Details for 42545 Mound Rd

Lot size

0.40 AC

Zone code

O-1

Property type

Commercial land

APN

10-10-08-228-010

APU

101008228010

Description

This exceptional 1.06-acre commercial land parcel, located at 42545 Mound Road in Sterling Heights, Michigan, presents a unique investment or owner-user opportunity. Zoned 0-1-Business Professional or Office, this property boasts significant frontage of 332 feet along Mound Road, ensuring high visibility and accessibility. The asking price is $289,000, translating to a land value of $6.26 per square foot. Situated in Macomb County, with a zip code of 48314, this rare small parcel offers significant potential for a variety of commercial ventures. Its strategic location provides easy access to major thoroughfares and a thriving business community. The property's size and zoning make it ideal for a range of uses, from small office buildings to retail spaces. This is a truly exceptional opportunity to acquire a highly desirable commercial property in a prime Sterling Heights location. The property's dimensions and precise configuration can be obtained through further due diligence. Serious inquiries are encouraged to explore the possibilities this unique parcel offers. Don't miss this chance to secure a valuable piece of commercial real estate in a rapidly growing area.

• Alternative Use

  Use

  Valuation

  Residential

  $4,189,438

  Hospitality

  $3,837,502

  Educational

  $3,192,757

  Medical

  $3,302,561

  Retail

  $4,966,511

Location Insight

City

Sterling Heights

County

Macomb

State

Michigan

Latitude

42.6059

Longitude

-83.0518

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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