42140 Van Dyke Ave Sterling Heights, MI 48314
- Office buildings
- 22,000 SF
- 1.93 lot acres
Current Use by Public Records
- Office buildings
Property Details for 42140 Van Dyke Ave
- Year built
- 1977
- Lot size
- 1.93 lot acres
- Property size
- 22,000 SF
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 10-10-10-152-026
- APU
- 101010152026
Description
This exceptional Sterling Heights office property, located at 42144 Van Dyke Ave (cross streets: Van Dyke Ave | 18 1/2 Mile), offers a variety of flexible workspace options. The building, constructed in 1985 and extensively renovated in 2021, boasts a total of 22,000 square feet across two stories. The property is zoned C-2 and sits on a generous 2.5-acre lot, providing ample parking with 100 spaces available. Currently, there are 3,000 square feet of vacant space available, divisible into units as small as 3,000 square feet. The building is well-suited for a variety of office uses, including traditional office, creative office, executive office, and coworking spaces. Modern amenities include elevators for convenient access to all floors. This prime location in the Detroit submarket offers easy access to major thoroughfares and provides a professional image for any business. The property's versatile layout and recent renovations make it an ideal choice for businesses seeking a modern and efficient workspace in a thriving area. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional Sterling Heights location. The zip code is 48314.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,265,000
- 6.5%
- $1,240,000
- 7%
- $1,240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,215,000
- Geo Method
- $1,310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,325,000
- Retail
- $1,130,000
- Mixed-Use
- $1,165,000
- Hospitality
- $950,000
- Educational
- $1,010,000
- Residential Income
- $1,020,000
- Energy
- $1,280,000
- Income-Based Land
- $1,075,000
- Food Service
- $1,190,000
Location Insight
- Map
- Local Demand
- City
- Sterling Heights
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0303
- Latitude
- 42.6034
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
