Property profile

14 Mile Rd Saint Clair Shores, MI 48082

OFF-MARKET
Industrial land
Property ID
US43-4287559
0.13 ac lot
Entity Owned 7-yr Hold Free & Clear
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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

Location

14 Mile Rd Saint Clair Shores, MI 48082
Saint Clair Shores metro Census 250300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

RA · Saint Clair Shores, MI
Zoning description

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. -…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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