33879 Van Dyke Ave Sterling Heights, MI 48312
For Sale
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This exceptional 3.85-acre commercial land parcel, located at 33879 Van Dyke Ave in Sterling Heights, Michigan (48312), presents a unique investment opportunity. The property boasts 10,000 square feet of vacant land, previously occupied by a building that has since been demolished. This offers a clean slate for development, with permitted zoning for retail use. The asking price is $1,900,000, translating to $190 per square foot. The site benefits from excellent visibility and accessibility, featuring over 400 feet of frontage on Van Dyke Avenue, a high-traffic thoroughfare. Its strategic location in a Walmart outlot ensures significant exposure and convenient access to 14 Mile Road. Ample parking is available with 160 spaces provided. The property is currently vacant and available for immediate development. This owner/user investment opportunity is further enhanced by an existing ground lease. The property is zoned for retail use and presents a compelling opportunity for businesses seeking high visibility and convenient access in a thriving Sterling Heights location. This is a rare chance to acquire a well-positioned commercial lot in a desirable area of Macomb County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PCD · Sterling Heights, MISterling Heights. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.