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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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