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    27400 Twelve Mile Rd St. Clair Shores, MI 48081

    Sponsored
    For Sale
    $2,000,000

    St. Clair Shores development opportunity. RA-1B zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 31.53-acre parcel, located at 27400 Twelve Mile Road in St. Clair Shores, Michigan (zip code 48081), presents a unique development opportunity. Currently zoned RA-1B, the property boasts approximately 16 buildable acres. The site previously housed the Sarah Fisher Center, consisting of sixteen buildings totaling 110,240 square feet. These structures are slated for demolition, with the exception of a chapel which must be incorporated into any future development plans. The property's boundaries extend 1,670 feet along Inkster Road and 1,050 feet along Twelve Mile Road. The land features sloping terrain. All future development plans require approval from the City of Farmington Hills. The asking price for this significant land holding is $2,000,000, translating to $125,000 per acre. This presents a compelling investment opportunity for developers seeking a substantial residential project in a desirable Michigan location. The property's size and zoning offer considerable flexibility for a variety of residential development concepts. Detailed site plans and surveys are available upon request. This is a rare chance to acquire a large, well-located parcel ready for redevelopment.

    Property Features for 27400 Twelve Mile Rd

    General Information

    Property type
    Land
    Lot Size
    1,373,447 SF

    HighLights

    • 31.53‑acre parcel available for development.
    • Approximately 16 acres of buildable land.
    • RA‑1B zoning.
    • Existing structures (110,240 sq. ft. across 16 buildings) to be demolished, except for a chapel requiring incorporation into any new development.
    • Significant road frontage: 1,670' on Inkster Rd and 1,050' on 12 Mile Rd.
    • Site features sloping topography.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Clair Shores
    County
    Macomb
    State
    Michigan
    Longitude
    -82.880324
    Latitude
    42.5107808

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    FAQs

    What type of property is this?
    Land - St. Clair Shores development opportunity. RA-1B zoning.
    Where is this land located?
    The property is located at 27400 Twelve Mile Rd St. Clair Shores, MI.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 31.53-acre parcel available for development.; Approximately 16 acres of buildable land.; RA-1B zoning.
    (248) 948-4182
    Request Owner's contact information
    27400 Twelve Mile Rd St. Clair Shores, MI 48081
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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
    27400 Twelve Mile Rd St. Clair Shores, MI 48081
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