34.36 +/- Acre Development Site w/ I-94 Exposure & Income Producing Tenants

20900 14 Mile Rd, Roseville, MI

$1,899,000

Price

34.36 acres

Lot Area

 
Overview
Lot Area
34.36 acres
Description

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 34.4 +/- acre piece 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

Highlights
  • 34.36 +/- acres
  • 1/2 mile visibility on I-94
  • 1,470 SF of frontage on 14 Mile Rd
  • 181,858 vehicles per day
  • Gross annual income of $99,500 from tenants' use of property
  • 2019 environmental study available
Documents

Location
Gallery