38367 Mound RdSterling Heights, MI 48310

  • Commercial real estate
  • 960 SF
For Sale
$750,000 View listing

Property Details for 38367 Mound Rd

Year built
1955
Lot size
2.99 AC
Property size (Sq ft)
960 SF
Zone code
O-R
Property type
Commercial real estate
APN
10-10-20-276-009
APU
101020276009

Description

This exceptional 2.99-acre commercial land parcel, located at 38367 Mound Road in Sterling Heights, Michigan (48310), presents a unique investment opportunity. Currently utilized as a landscaping supply store featuring a 960 square foot structure, the property is zoned O-R Office Research District, offering significant redevelopment potential. The land is priced at $750,000, translating to approximately $250,836 per acre. Its prime location in Macomb County provides easy access to major transportation arteries, including I-75, M-59, M-53, and I-696, placing it within minutes of these four expressways. This strategic positioning offers unparalleled connectivity to southeast Michigan's thriving business hub, serving numerous office, industrial, and flexible-use businesses supporting the automotive and federal government defense sectors. The property's APN is 10-10-20-276-009. While currently operating as a landscaping supply business, the O-R zoning allows for a variety of office and research-related uses (detailed zoning information is available separately). This makes it an attractive option for businesses seeking a prominent location with excellent infrastructure and access to a skilled workforce. The existing structure could be repurposed or removed to accommodate new development plans.

Location Insight

City
Sterling Heights
County
Macomb
State
Michigan
Latitude
42.5748
Longitude
-83.0516
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
$8,741
-
-
$176,900
-
-
-
$353,800

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