37217 Utica Rd Sterling Heights, MI 48312
- Commercial land
- 13.76 lot acres
Current Use by Public Records
- Commercial land
Property Details for 37217 Utica Rd
- Lot size
- 13.76 lot acres
- Zone code
- C-3
- Property type
- Commercial land
- APN
- 10-10-24-479-004
- APU
- 101024479004
Description
This exceptional 13.76-acre commercial land parcel presents a remarkable investment opportunity in the thriving Sterling Heights, Michigan market. Located at 37217 Utica Road, this property boasts a prime location at the crossroads of Utica Road and Hayes Road, ensuring unparalleled visibility and accessibility. The site is zoned C-3 General Business, allowing for a diverse range of commercial uses, including the currently proposed multifamily and retail development. With 1,031 feet of frontage along Utica Road, this property offers significant exposure to high traffic volumes. The strategic location at a signalized intersection further enhances visibility and accessibility for potential customers and tenants. The property's strong area demographics contribute to its high potential for return on investment. The asking price is $1,300,000, translating to $94,477 per acre. The parcel's APN is 10-24-479-004. This is a rare opportunity to acquire a substantial commercial land holding in a highly desirable location with excellent growth potential. Don't miss this chance to capitalize on the vibrant Sterling Heights market.
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
- -82.9728
- Latitude
- 42.5691
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
