7 Mile Rd Proposed Office

Office for Sale
Also listed as Vacant Land
Catylist Listing ID: 29845400
Property Subtypes: Office Building
Building Status: Proposed
Building Size (RSF): 1,250 SF
Gross Building Area: See Agent
Gross Land Area: 13,000 SF
Sale Price: $275,000
Unit Price: $220 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2019

Overview / Comments

Great opportunity for an office on 7 Mile Rd, just east of I-275.

Lot size 80' x 150'
All utilities at site on 7 Mile Rd

This site is located in the heart of one of Michigan's most desirable areas.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Tax ID/APN: 46-025-01-0001-000
Market Type: Large
Property Located Between: I-275 and Newburgh Rd
Side of Street: South
Property Visibility: Excellent
Highway Access: I-275 is 1/4 Mile west of this location.
Site Description: This is a residential site adjacent to a multi tenant office building.
Area Description: This site is located just east of I-275 in the heart of one of Michigan's most desirable areas.
Zoning Description: Currently zoned residential, this site is adjacent to an existing multi tenant office building that received re-zoning from residential R3 to Office - Service.
Lot Frontage: 80
Lot Depth: 150
Legal Description: 07A1 Melody Manor T1S R9E L72 P43 WCR LOT 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,936 95,055 236,658
Median Age: 51.5 44.57 43.08
Households: 2,521 40,724 98,327


Photograph of Listing Agent

Terrance W. Bixler, CCIM

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