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    7700 15 Mile Rd Sterling Heights, MI 48312

    For Sale
    $495,000

    Commercial land with C-3 zoning near major retailers.

    Property size:
    1 SF
    Lot size:
    1.31 Acres

    Property Features for 7700 15 Mile Rd

    General Information

    Size
    1 SF
    Lot size
    1.31 Acres

    Source: Ron Goldstone Agent Ron Goldstone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sterling Heights Commercial Land For Sale

    This commercial land is zoned C-3 and is located near a Super Walmart, Target, and Meijer. The property features 260 feet of frontage on 15 Mile Road and a depth of 220 feet. Traffic counts indicate 30,341 cars per day on West 15 Mile Road and 64,200 cars per day on Van Dyke (M-53). Automotive new and used car sales, service, and parts businesses on Van Dyke between 14 and 19 Mile Roads generate over $1 billion in revenue. The property size is 1 acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -83.038112
    Latitude
    42.548208

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with C-3 zoning near major retailers.
    Where is this commercial land located?
    The property is located at 7700 15 Mile Rd Sterling Heights, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - High traffic counts: over 30,000 cars per day on 15 Mile Road.; - Excellent property dimensions: **260' of 15 Mile frontage**.; - C-3 zoning.
    (248) 351-4371
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    7700 15 Mile Rd Sterling Heights, MI 48312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7700 15 Mile Rd Sterling Heights, MI 48312
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