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    FOR SALE
    Commercial land

    7251 14 Mile Rd, Sterling Heights, MI 48312

    3.24 ac lot
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US43-1135688
    Property summary
    AI-generated overview

    This exceptional 2.5-acre parcel, located at 7251 E 14 Mile Rd in Sterling Heights, Michigan, presents a unique opportunity for retail development or investment. Zoned as Planned Center District (PCD), this single-tenant site offers significant potential for a variety of commercial uses. The property boasts a total land area of 2.5 acres, providing ample space for construction and ample parking. Its strategic location on 14 Mile Road ensures high visibility and accessibility, making it an ideal location to attract customers. The property is currently available for sale or lease, offering flexibility to suit various business needs and investment strategies. Given its size and zoning, this property is well-suited for a range of retail establishments, potentially including restaurants, shops, or service businesses. The address is 7251 E 14 Mile Rd, Sterling Heights, MI 48312. This prime location in Sterling Heights offers excellent access to major roadways and a thriving local community. The property's potential for development makes it a compelling investment opportunity in a dynamic market. Serious inquiries are encouraged to explore the possibilities of this exceptional retail land offering. The property is ready for immediate development or lease.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 3.24 ac (141,134 SF)
    Zoning code PCD
    APN 10-10-33-400-009
    UPID US43-1135688
    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
    Gables Pond LLC · 10 yrs held
    Gables Pond LLC
    since 2016
    5 recorded transactions
    2016
    $138,915
    2011
    2010
    2006
    2004
    Zoning & alternative use
    PCD · Sterling Heights, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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