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    20900 14 Mile Rd Roseville, MI 48066

    Sponsored
    For Sale
    $2,500,000

    34-Acre Site, High Visibility, Income Producing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 34.36-acre commercial, industrial, and residential land parcel presents a unique investment opportunity in Roseville, Michigan. Located at 20900 14 Mile Rd, 48066, this property boasts unparalleled visibility with half a mile of frontage on I-94, generating significant traffic exposure of 181,858 vehicles daily. The site also offers 1,470 linear feet of frontage on 14 Mile Rd, providing excellent access and branding potential. Currently zoned for light industrial use, the property's versatility allows for a wide range of development options, including office space, high-tech facilities, corporate headquarters, apartments, or mixed-use projects. The site's history as Marsack Sand & Gravel lends itself to unique development possibilities, bordering two lakes with depths reaching 30 feet. City utilities are accessible via Little Mack and Gratiot Avenues. A significant advantage is the existing income stream generated by current tenants, totaling $99,500 in gross annual income. Furthermore, a comprehensive 2019 environmental study is available for review, ensuring transparency and facilitating a smooth development process. This prime location, combined with its income-producing features and development potential, makes this a truly exceptional investment opportunity. The asking price is $2,500,000.

    Property Features for 20900 14 Mile Rd

    General Information

    Property type
    Land
    Lot Size
    1,496,722 SF

    HighLights

    • 34.36+/- acres of land.
    • High visibility from I‑94 (half‑mile frontage).
    • 1,470 linear feet of frontage on 14 Mile Road.
    • High daily traffic count of 181,858 vehicles.
    • Generating $99,500 in gross annual income.
    • 2019 environmental report available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Macomb
    State
    Michigan
    Longitude
    -82.906542
    Latitude
    42.536416

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    FAQs

    What type of property is this?
    Land - 34-Acre Site, High Visibility, Income Producing
    Where is this land located?
    The property is located at 20900 14 Mile Rd Roseville, MI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 34.36+/- acres of land.; High visibility from I-94 (half-mile frontage).; 1,470 linear feet of frontage on 14 Mile Road.
    Request Owner's contact information
    20900 14 Mile Rd Roseville, MI 48066
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    Roseville, MI 48066
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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
    20900 14 Mile Rd Roseville, MI 48066
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