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    33879 Van Dyke Ave Sterling Heights, MI 48312

    Sponsored
    For Sale
    $1,900,000

    Prime Van Dyke Ave. lot, ready to build.

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.85-acre commercial land parcel, located at 33879 Van Dyke Ave in Sterling Heights, Michigan (48312), presents a unique investment opportunity. The property boasts 10,000 square feet of vacant land, previously occupied by a building that has since been demolished. This offers a clean slate for development, with permitted zoning for retail use. The asking price is $1,900,000, translating to $190 per square foot. The site benefits from excellent visibility and accessibility, featuring over 400 feet of frontage on Van Dyke Avenue, a high-traffic thoroughfare. Its strategic location in a Walmart outlot ensures significant exposure and convenient access to 14 Mile Road. Ample parking is available with 160 spaces provided. The property is currently vacant and available for immediate development. This owner/user investment opportunity is further enhanced by an existing ground lease. The property is zoned for retail use and presents a compelling opportunity for businesses seeking high visibility and convenient access in a thriving Sterling Heights location. This is a rare chance to acquire a well-positioned commercial lot in a desirable area of Macomb County.

    Property Features for 33879 Van Dyke Ave

    General Information

    Property type
    Land
    Square Feet
    10,000 SF
    Lot Size
    167,706 SF

    Building Details

    Year Built
    1998

    HighLights

    • 3.85‑acre commercial land parcel in Sterling Heights, MI (48312) at 33879 Van Dyke Ave.
    • 10,000 square feet of vacant land, previously developed, now ready for immediate development.
    • Retail zoning, $1,900,000 asking price ($190/SF).
    • Over 400 feet of Van Dyke Ave frontage, high visibility, and convenient access to 14 Mile Road.
    • 160 parking spaces and existing ground lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -83.028876574967
    Latitude
    42.543123216708

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    FAQs

    What type of property is this?
    Land - Prime Van Dyke Ave. lot, ready to build.
    Where is this land located?
    The property is located at 33879 Van Dyke Ave Sterling Heights, MI.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 3.85-acre commercial land parcel in Sterling Heights, MI (48312) at 33879 Van Dyke Ave.; 10,000 square feet of vacant land, previously developed, now ready for immediate development.; Retail zoning, $1,900,000 asking price ($190/SF).
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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
    33879 Van Dyke Ave Sterling Heights, MI 48312
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