13620 Northbay DrSterling Heights, MI 48313

  • Government properties
  • 3,530 SF
For Lease
$22/SF/YR View listing

Property Details for 13620 Northbay Dr

Year built
1979
Lot size
1.22 AC
Property size (Sq ft)
3,530 SF
Zone code
C-2
Property type
Government properties
APN
10-10-01-103-001
APU
101001103001

Description

This 3,782 sq ft Sterling Heights, MI property at 13620 Northbay Dr offers a unique investment opportunity. Currently vacant, this single-story Class A building features two suites, with a minimum divisible space of 1,500 sq ft and a maximum contiguous space of 3,782 sq ft. The property boasts a coveted drive-thru, ample parking (25 spaces), and 220-volt power. Located near the intersection of Hall Rd and Schoenherr Rd, it benefits from high traffic counts (35,000-40,000 VPD) and proximity to Lakeside Mall, slated for a major redevelopment project by late 2025, including residential, retail, hotel, and community center components. The 1,223-acre lot is zoned C2 with a drive-thru allowance, making it ideal for various uses including medical, office, and quick-service restaurants. Interior demolition is complete. Property taxes are $7 per square foot. The building was constructed in 1979. This location offers high visibility and easy access to major roads and amenities. The property is suitable for lease in its entirety or as individual suites.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $840,363
    Hospitality
    $769,768
    Educational
    $640,438
    Medical
    $662,464
    Retail
    $996,237

Location Insight

City
Sterling Heights
County
Macomb
State
Michigan
Latitude
42.6238
Longitude
-82.9918
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
$18,352
-
-
$347,700
-
-
-
$695,400

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