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Property profile

& VAN DYKE Nec Of Metro Pkwy Sterling Heights, MI 48312

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional redevelopment opportunity sits at one of Macomb County's busiest intersections, boasting combined daily traffic counts exceeding 106,000 vehicles. Anchored by Home Depot and Meijer, this location offers unparalleled visibility and access within an established, high-traffic trading area. The project features a brand-new, street-side retail center with available pad sites on the hard corner, providing immediate exposure for businesses. Currently, 1,600 square feet of vacant retail space is available for lease, perfect for a variety of commercial uses. Beyond the immediate opportunity, a comprehensive concept plan outlines potential for further development on the land north of Home Depot, accommodating users up to 102,500 square feet. This expansion presents a unique chance to capitalize on the significant growth and high volume of traffic in this thriving commercial area. The property is zoned for commercial use and is located in Macomb County. This is a prime location for businesses seeking high visibility and strong sales potential in a rapidly transforming retail environment. The redevelopment project offers a chance to be part of a dynamic and successful commercial center.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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