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Property profile & analytics

33700 Van Dyke Ave Sterling Heights, MI 48312-5933

  • Auto shops
  • 1,881 SF
  • 0.52 lot acres
OFF-MARKET
Last Sale
Mar 17, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1061524
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Auto shops

Property Details for 33700 Van Dyke Ave

Year built
1966
Lot size
0.52 lot acres
Property size
1,881 SF
Zone code
C-3
Property type
Auto shops
APN
10-10-34-302-004
APU
101034302004

Description

This exceptional retail investment opportunity presents a 1,881 square foot convenience store and gas station situated on a prominent 0.52-acre corner lot in Sterling Heights, Michigan. Built in 1966, the single-story building is zoned for commercial use and boasts a highly visible location on Van Dyke Avenue, a major thoroughfare, at the intersection with Denwood Drive, complete with a traffic signal. The asking price is $1,800,000, translating to $957 per square foot. The property is privately owned and is being offered as-is, including all existing equipment. This presents a unique chance for an investor or owner-occupant to capitalize on the property's prime location and high traffic volume. Numerous redevelopment possibilities exist, including expanding the existing convenience store and gas station operations or converting the space into a full-service oil change facility. The property's potential is limited only by the buyer's imagination. The parcel number is 1034302004. This is a turnkey opportunity in the fourth largest city in Michigan, offering significant upside potential for the right buyer. The property's strategic location and existing infrastructure make it an ideal investment for those seeking a high-return opportunity in a thriving market. Don't miss this chance to acquire a well-positioned commercial property in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Sterling Heights
County
Macomb
State
Michigan
Longitude
-83.0283
Latitude
42.5417
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,104
$0.00
$0.00
$268,600
-
$0.00
$0.00
$537,200
More about this property
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