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    OFF-MARKET
    Industrial land

    14 Mile Rd, Saint Clair Shores, MI 48082

    0.13 ac lot
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US43-4287559
    Property summary
    AI-generated overview

    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
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 0.13 ac (5,619 SF)
    Zoning code RA
    APN 09-14-03-126-009
    UPID US43-4287559
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    American Tower Asset Sub LLC · 7 yrs held
    American Tower Asset Sub LLC
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    RA · Saint Clair Shores, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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