20900 14 Mile Rd Roseville, MI 48066
- Auto shops
- 2,200 SF
- 26.99 lot acres
Current Use by Public Records
- Auto shops
Property Details for 20900 14 Mile Rd
- Lot size
- 26.99 lot acres
- Property size
- 2,200 SF
- Zone code
- I-1
- Property type
- Auto shops
- APN
- 08-14-03-101-007
- APU
- 81403101007
Description
This exceptional 34.36-acre commercial, industrial, and residential land parcel presents a unique investment opportunity in Roseville, Michigan. Located at 20900 14 Mile Rd, 48066, this property boasts unparalleled visibility with half a mile of frontage on I-94, generating significant traffic exposure of 181,858 vehicles daily. The site also offers 1,470 linear feet of frontage on 14 Mile Rd, providing excellent access and branding potential. Currently zoned for light industrial use, the property's versatility allows for a wide range of development options, including office space, high-tech facilities, corporate headquarters, apartments, or mixed-use projects. The site's history as Marsack Sand & Gravel lends itself to unique development possibilities, bordering two lakes with depths reaching 30 feet. City utilities are accessible via Little Mack and Gratiot Avenues. A significant advantage is the existing income stream generated by current tenants, totaling $99,500 in gross annual income. Furthermore, a comprehensive 2019 environmental study is available for review, ensuring transparency and facilitating a smooth development process. This prime location, combined with its income-producing features and development potential, makes this a truly exceptional investment opportunity. The asking price is $2,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roseville
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9067
- Latitude
- 42.5364
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
