20900 14 Mile Rd
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20900 14 Mile Rd
34.36 Acres of Commercial Land Offered at $2,670,754 CAD in Roseville, MI 48066
Investment Highlights
- 34.36 +/- acres
- 1/2 mile visibility on I-94
- 181,858 vehicles per day
- Can accommodate many different types of usage
- 1,470 SF of frontage on 14 Mile Rd.
- Gross annual income of $99,500 from tenants' use of property
Executive Summary
This 34.36-acre parcel is a very unique, high-density & high-visibility land site with 1/2 mile of visibility on I-94, 1,470' of frontage on 14 Mile Rd, and access to Masonic Rd and a daily traffic count of 181,858! The site was formerly Marsack Sand & Gravel, which borders two lakes with depths of 30' deep.
Currently zoned light industrial, this parcel of land is an ideal site for office, high-tech, corporate HQ, apartments, and mixed-use. Macomb County owns the lake at the north end of the property and the city of Roseville owns the lake at the south end of the parcel. City utilities are available on Little Mack and Gratiot Ave. There is currently a 2019 environmental study available for review.
There is an income-producing Outfront Media billboard located on the property at 14 Mile Rd and several other tenants pay a total gross annual income of $99,500.
This 34.36 +/- acre parcel of land is located on the south side of 14 Mile Rd, and east of Little Mack Ave, and west of Masonic. There is also over a 1/2 mile of visibility from southbound I-94. The property is located in a high-traffic area as it is right in between Macomb Mall on Gratiot Ave and St. Clair Shores Golf Course
Currently zoned light industrial, this parcel of land is an ideal site for office, high-tech, corporate HQ, apartments, and mixed-use. Macomb County owns the lake at the north end of the property and the city of Roseville owns the lake at the south end of the parcel. City utilities are available on Little Mack and Gratiot Ave. There is currently a 2019 environmental study available for review.
There is an income-producing Outfront Media billboard located on the property at 14 Mile Rd and several other tenants pay a total gross annual income of $99,500.
This 34.36 +/- acre parcel of land is located on the south side of 14 Mile Rd, and east of Little Mack Ave, and west of Masonic. There is also over a 1/2 mile of visibility from southbound I-94. The property is located in a high-traffic area as it is right in between Macomb Mall on Gratiot Ave and St. Clair Shores Golf Course
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$139,937
|
$4,072.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$139,937
|
$4,072.67
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $139,937 |
| Annual Per AC | $4,072.67 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $139,937 |
| Annual Per AC | $4,072.67 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot 1
| Price | $2,670,754 CAD | Lot Size | 34.36 AC |
| Price Per AC | $77,729 CAD |
| Price | $2,670,754 CAD |
| Price Per AC | $77,729 CAD |
| Lot Size | 34.36 AC |
This 34.36-acre parcel with two private lakes. Very unique site with 1,470' of frontage on 14 Mile Rd with access on Masonic and over a 1/2 mile of visibility from southbound I-94.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD (2024) | |
| Land Assessment | $0 CAD (2024) | Total Assessment | $1,202,687 CAD (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$1,202,687 CAD (2024)
zoning
| Zoning Code | LI (Light Industrial) |
| LI (Light Industrial) |
-
John Arthurs -
P.A. Commercial, LLC
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20900 14 Mile Rd
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