Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13 Mile Rd Roseville, MI 48066

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.33-acre commercial lot, build-to-suit.

    Property Features for 0 13 Mile Rd

    General Information

    Property type
    Land
    Lot Size
    57,935 SF

    We can help!

    Listing Contact
    Attilio Pacella
    Attilio Pacella

    Listing Agency: Pilot Property Group Listing Agent: Attilio Pacella

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

    Learn more

    Overview

    This 1.33-acre commercial/industrial land parcel in Roseville, Michigan, is available for sale or build-to-suit opportunities. Located at 0 13 Mile Road, this property boasts excellent visibility with 200 feet of frontage, providing significant exposure for any development. The site is zoned I-1 and offers a proposed site plan for a 15,200 square foot multi-tenant building, though alternative uses are possible. The property's strategic location provides easy access to major thoroughfares, including I-696 and I-94, ensuring convenient transportation for businesses and customers. All utilities are readily available. This versatile site is ideal for retail, industrial, mixed-use, or special-purpose developments. Please note that marijuana sales or growing facilities, and used car sales are not permitted on this property. The parcel's APN is 08-14-07-205-014. The asking price is $179,900. This presents a unique opportunity to acquire a prime commercial property in a thriving Michigan location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Volta Charging Station Electric Vehicle Charging Station Saints Auto Body ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Macomb
    State
    Michigan
    Longitude
    -82.954623540801
    Latitude
    42.523900640965

    Nearby Similar for Sale

    • $950,000
      2,469 SF

      Turnkey Auto Repair Business Opportunity

      Fully equipped auto repair facility with real estate and business.
      28945 Utica Rd, Roseville, MI 48066
      View Details
    • $210,000
      1,706 SF

      Gratiot Avenue Commercial Property

      Commercial property on Gratiot near I-696 with high traffic volume.
      27380 Gratiot Ave, Roseville, MI 48066
      View Details
    • $900,000
      12,340 SF

      Roseville Commercial/Industrial Opportunity

      Commercial/Industrial property with drive-thru and roll-up doors in Roseville.
      25333 Gratiot Ave, Roseville, MI 48066
      View Details
    • $274,900
      3,190 SF

      Gratiot Avenue Commercial Buildings For Sale

      Two commercial buildings on high-traffic Gratiot Ave, Roseville.
      28640 Gratiot Ave, Roseville, MI 48066
      View Details
    • $139,000
      1,525 SF

      Roseville Office/Medical Space For Sale

      Well-maintained 1,525 SF office/medical space near I-94 and I-696.
      25650 Kelly Rd, Roseville, MI 48066
      View Details
    • $219,900
      2,348 SF

      Turnkey Duplex with Immediate Upside

      Meticulously maintained duplex near Gratiot and Utica corridor.
      18077 Homer St, Roseville, MI 48066
      View Details
    • New
      $234,900
      2,661 SF

      Spacious Duplex in Roseville

      2,616 SF duplex with strong cash flow in Roseville.
      18541 Utica Rd, Roseville, MI 48066
      View Details
    • $450,000
      3,700 SF

      Remodeled Day Care Facility

      Remodeled day care facility with parking and garage in Roseville.
      28905 Utica Rd S, Roseville, MI 48066
      View Details
    • $649,000
      9,900 SF

      Roseville Commercial/Industrial Portfolio For Sale

      Two-building portfolio near I-696 and I-94, suitable for investors or users.
      27882 Gratiot Ave, Roseville, MI 48066
      View Details
    • $800,000
      3,482 SF

      Turnkey Roseville Multi-Family Investment

      Four fully occupied ranch units with separate utilities and parking.
      Roseville, MI 48066
      View Details
    • $595,000
      6,699 SF

      Medical/Office Building Investment Opportunity

      Professionally managed medical/office building for sale. Fully leased.
      25509 Kelly Rd, Roseville, MI 48066
      View Details
    • Contact for pricing
      99,890 SF

      Professional Office Campus Suite

      Office suite in a six-building professional campus, ready for occupancy.
      18285 Ten Mile Rd, Roseville, MI 48066
      View Details

    FAQs

    What type of property is this?
    Land - 1.33-acre commercial lot, build-to-suit.
    Where is this land located?
    The property is located at 13 Mile Rd Roseville, MI.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: For sale or build-to-suit opportunity.; Suitable for retail, industrial, mixed-use, or special-purpose development.; Proposed 15,200 SF multi-tenant building.
    (586) 291-3582 Call to check price and availability
    Request Owner's contact information
    13 Mile Rd Roseville, MI 48066
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13 Mile Rd
    Roseville, MI 48066
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    13 Mile Rd Roseville, MI 48066
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Attilio Pacella
    Attilio Pacella
    Real Estate License ID: 6501412302
    (586) 291-3582 (586) 254-0900 (586) 251-2340
    Learn more
    Google sign-in failed. Please try again or use another login method.