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    14 Mile Rd St. Clair Shores, MI 48082

    For Sale
    $1,500,000

    8.7 Acres, Light Industrial Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 8.7-acre parcel of land in St. Clair Shores, Michigan, is ideally situated at the intersection of I-94 and 14 Mile Road, offering exceptional visibility. Zoned for light industrial use, this flat, graded property boasts 1,451 feet of frontage on I-94 and 1,286.64 feet on 14 Mile Road. Currently used for outside storage, the site features readily available water and sewer access on 14 Mile Road. The asking price is $1,500,000, translating to $1.98 per square foot. The property's high visibility and convenient location make it an excellent opportunity for various industrial uses. Parcel number 14-03-126-002. Please note that two existing billboard signs are not included in the sale. This prime location in Macomb County, with its easy access to major transportation arteries, presents a compelling investment opportunity. The property is ready for development, offering significant potential for a variety of industrial businesses.

    Property Features for 14 Mile Rd

    General Information

    Property type
    Land
    Lot Size
    378,972 SF

    HighLights

    • 8.71‑acre light industrial zoned parcel.
    • High‑visibility location at I‑94 and 14 Mile Road.
    • Water and sewer available at 14 Mile Road.
    • Graded site, ready for development.
    Property Profile Insight Report 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
    St. Clair Shores
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8850919
    Latitude
    42.5248254

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    FAQs

    What type of property is this?
    Land - 8.7 Acres, Light Industrial Zoning, High Visibility
    Where is this land located?
    The property is located at 14 Mile Rd St. Clair Shores, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 8.71-acre light industrial zoned parcel.; High-visibility location at I-94 and 14 Mile Road.; Water and sewer available at 14 Mile Road.
    Request Owner's contact information
    14 Mile Rd St. Clair Shores, MI 48082
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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
    14 Mile Rd St. Clair Shores, MI 48082
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