Your AI Navigator in Commercial Real Estate
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

    37217 Utica Rd Sterling Heights, MI 48312

    Sponsored
    For Sale
    $1,300,000

    13.76 Acres, High-Visibility Retail Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13.76-acre commercial land parcel presents a remarkable investment opportunity in the thriving Sterling Heights, Michigan market. Located at 37217 Utica Road, this property boasts a prime location at the crossroads of Utica Road and Hayes Road, ensuring unparalleled visibility and accessibility. The site is zoned C-3 General Business, allowing for a diverse range of commercial uses, including the currently proposed multifamily and retail development. With 1,031 feet of frontage along Utica Road, this property offers significant exposure to high traffic volumes. The strategic location at a signalized intersection further enhances visibility and accessibility for potential customers and tenants. The property's strong area demographics contribute to its high potential for return on investment. The asking price is $1,300,000, translating to $94,477 per acre. The parcel's APN is 10-24-479-004. This is a rare opportunity to acquire a substantial commercial land holding in a highly desirable location with excellent growth potential. Don't miss this chance to capitalize on the vibrant Sterling Heights market.

    Property Features for 37217 Utica Rd

    General Information

    Property type
    Land
    Lot Size
    599,386 SF

    HighLights

    • C‑3 zoning, proposed multifamily/retail development.
    • 1,031 feet of Utica Road frontage.
    • High visibility from Utica and Hayes Roads intersection.
    • Strong area demographics.
    • Signalized intersection at Utica and Hayes Roads.
    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 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
    -82.972696
    Latitude
    42.569056

    Nearby Similar for Sale

    • $299,900
      4,950 SF

      Salon & Medical Spa Business

      Established salon and spa business for sale in Sterling Heights.
      37824 Van Dyke Ave, Sterling Heights, MI 48312
      View Details
    • $800,000
      12,000 SF

      Established Grocery Store Business Opportunity

      Profitable grocery store with real estate in Sterling Heights, MI.
      36886 Ryan Rd, Sterling Heights, MI 48310
      View Details
    • $950,000
      2,400 SF

      Sterling Heights Professional Office Building

      Custom-built office building in high-traffic Sterling Heights location.
      42301 Mound Rd, Sterling Heights, MI 48314
      View Details
    • $319,999
      1,608 SF

      Sterling Heights Multi-Use Property

      Rehabbed Sterling Heights property with high visibility and multi-use zoning.
      34641 Mound Rd, Sterling Heights, MI 48310
      View Details
    • $733,000
      3,654 SF

      Sterling Heights Commercial/Industrial Opportunity

      Commercial property with main road exposure and potential owner/user opportunity.
      43303 Schoenherr Rd, Sterling Heights, MI 48313
      View Details
    • $149,900
      2,300 SF

      Turnkey Restaurant Opportunity For Sale

      Established seafood restaurant in busy plaza, seats 80.
      3665 15 Mile Rd, Sterling Heights, MI 48310
      View Details
    • New
      $199,999
      2,000 SF

      Profitable Bakery in Sterling Heights

      Turnkey bakery in busy Kroger shopping center, Sterling Heights.
      2237 18 Mile Rd, Sterling Heights, MI 48314
      View Details
    • $2,200,000
      27,524 SF

      Sterling Heights Office Building For Sale

      Office building with renovation and expansion potential in Sterling Heights.
      8220 Irving Rd, Sterling Heights, MI 48312
      View Details
    • $1,699,000
      13,280 SF

      Sterling Heights Industrial Building For Sale

      Industrial building in Sterling Heights, minutes from major highways.
      40715 Brentwood Dr, Sterling Heights, MI 48310
      View Details
    • $608,000
      2,970 SF

      Sterling Heights Retail Opportunity

      Commercial property for sale in Sterling Heights, Michigan.
      5556 Metropolitan Pkwy, Sterling Heights, MI 48310
      View Details
    • $319,650

      Updated Condo in Gulason Estates

      Move-in ready condo with modern updates and convenient location.
      42833 Christina Dr, Sterling Heights, MI 48313
      View Details
    • $291,000
      2,606 SF

      Updated Condo with Generator

      Move-in ready condo with generator, updates, and convenient location.
      34082 Frank Dr, Sterling Heights, MI 48312
      View Details

    FAQs

    What type of property is this?
    Land - 13.76 Acres, High-Visibility Retail Site
    Where is this land located?
    The property is located at 37217 Utica Rd Sterling Heights, MI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: C-3 zoning, proposed multifamily/retail development.; 1,031 feet of Utica Road frontage.; High visibility from Utica and Hayes Roads intersection.
    Request Owner's contact information
    37217 Utica Rd Sterling Heights, MI 48312
    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.
    37217 Utica Rd
    Sterling Heights, MI 48312
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    37217 Utica Rd Sterling Heights, MI 48312
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.