Entity Owned Property summary
This exceptional 2.6-acre commercial land parcel presents a remarkable investment opportunity in Sterling Heights, Michigan. Located at 33855 Mound Road, this vacant corner lot boasts a highly desirable C-3 zoning designation, opening doors to a wide array of commercial development possibilities. The property's strategic location offers unparalleled visibility and accessibility, situated near numerous national retailers, ensuring high traffic counts and significant exposure. Its proximity to I-696 provides convenient access to major transportation arteries, further enhancing its appeal. The parcel's size allows for ample development potential, with an estimated parking capacity of 27+ spaces. The 2021 property taxes totaled $8,206.30. The asking price for this prime commercial land is $350,000. The property's APN is 10-32-427-040. This is a rare opportunity to acquire a strategically located, sizable commercial lot in a thriving Michigan market. Don't miss out on this chance to build your business in a high-traffic area with excellent visibility and convenient access to major roadways. This property is ready for your vision.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not necessarily totally retail in character
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
C-3 · Sterling Heights, MIThe C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not necessarily totally retail in character
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not necessarily totally retail in character
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Sterling Heights, MI.
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