Property summary
This 8.7-acre parcel of land in St. Clair Shores, Michigan, is ideally situated at the intersection of I-94 and 14 Mile Road, offering exceptional visibility. Zoned for light industrial use, this flat, graded property boasts 1,451 feet of frontage on I-94 and 1,286.64 feet on 14 Mile Road. Currently used for outside storage, the site features readily available water and sewer access on 14 Mile Road. The asking price is $1,500,000, translating to $1.98 per square foot. The property's high visibility and convenient location make it an excellent opportunity for various industrial uses. Parcel number 14-03-126-002. Please note that two existing billboard signs are not included in the sale. This prime location in Macomb County, with its easy access to major transportation arteries, presents a compelling investment opportunity. The property is ready for development, offering significant potential for a variety of industrial businesses.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
S Sec. 48-52. - Districts. Sec. 48-53. - Boundaries. Sec. 48-54. - Zoning of vacated area. Sec. 48-55. - Zoning of annexed areas. Sec. 48-56. - District requirements. Secs. 48-57-48-85. - Reserved. Expand ARTICLE III. -…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
RA · Saint Clair Shores, MIS Sec. 48-52. - Districts. Sec. 48-53. - Boundaries. Sec. 48-54. - Zoning of vacated area. Sec. 48-55. - Zoning of annexed areas. Sec. 48-56. - District requirements. Secs. 48-57-48-85. - Reserved. Expand ARTICLE III. -…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
S Sec. 48-52. - Districts. Sec. 48-53. - Boundaries. Sec. 48-54. - Zoning of vacated area. Sec. 48-55. - Zoning of annexed areas. Sec. 48-56. - District requirements. Secs. 48-57-48-85. - Reserved. Expand ARTICLE III. -…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RA in Saint Clair Shores, MI.
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