7700 15 Mile Rd Sterling Heights, MI 48312
- Commercial land
- 1.31 lot acres
Current Use by Public Records
- Commercial land
Property Details for 7700 15 Mile Rd
- Lot size
- 1.31 lot acres
- Zone code
- C-3
- Property type
- Commercial land
- APN
- 10-10-33-226-025
- APU
- 101033226025
Description
This exceptional 1.31-acre commercial land parcel presents a unique investment opportunity in the thriving Sterling Heights, Michigan market. Located at 7700 15 Mile Rd, 48312, this property boasts a highly desirable C-3 zoning designation, opening doors to a wide range of commercial ventures. The lot features impressive dimensions, measuring 260 feet of frontage along 15 Mile Road and a depth of 220 feet, providing ample space for development. Its strategic location offers unparalleled visibility and accessibility, situated near major retail anchors including a Walmart Supercenter, Target, and Meijer, ensuring high traffic volume and customer exposure. The area's robust automotive sector, with new and used car sales, service, and parts exceeding $1 billion annually on Van Dyke Road between 14 and 19 Mile Roads, further underscores the property's potential. Daily traffic counts reinforce this prime location: 30,341 vehicles pass along West 15 Mile Road, and 64,200 vehicles travel on Van Dyke (M-53) daily. This property is priced at $495,000 and represents a compelling investment for developers seeking a high-traffic, strategically located site in a dynamic commercial corridor. Don't miss this chance to acquire a piece of Sterling Heights' vibrant commercial landscape.
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
- Sterling Heights
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0314
- Latitude
- 42.5507
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
