Redevelopment Land for Sale - Roseville, MI

Vacant Land for Sale
Catylist Listing ID: 29984465
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 3.16 Acres
Sale Price: $1,200,000
Unit Price: $379,746 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/23/2017

Overview / Comments

The VFW Hall on this site has been recently demolished and the site has been leveled. The property is located on Gratiot Avenue in the heart of Roseville and is available for sale. The 3.16 Acres, with 250’ frontage on Gratiot Avenue, are prime for redevelopment. Located less than 1 mile south of I-696 and less than 2 miles west of I-94, the site has great accessibility. And its position on busy Gratiot Avenue, across from Kroger, Kmart, and Save-A-Lot, make it ideal for any retail, office, senior housing, storage, etc. redevelopment.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 14-20-304-020
Zoning: B-3; GENERAL BUSINESS
Property Located Between: Frazho Road and 10 Mile Road
Property Visibility: Excellent
Legal Description: ASSESSORS PLAT NO 8 PART OF LOT 13 & 14 DESC AS BEG AT SE SD LOT 13; TH N72*73'W 200 FT, TH S25*01'01"W 59.91 FT, TH N72*11'36"W 202.41 FT, TH N02*23'12"W 271.42 FT, TH N86*44'04"E 238.11 FT, TH S66*13'02"E 314.48 FT, TH S25*00'26"W 250.06 FT TO POB
Largest Nearby Street: Gratiot Avenue
Feet of Frontage: 250
Traffic/Vehicle Count: 53,000
Highway Access: I-696 less than 1 mile north of subject; I-94 less than 2 miles south of subject
Site Description: Vacant Land - The VFW Hall that was formally located here has been demolished and the ground has been leveled.
Area Description: Busy, retail corridor - Just 1 Mile south of I-696
Lot Frontage: 250
Zoning Description: B-3; General Business
Topography: Level

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,373 185,806 399,417
Median Age: 37.34 38.89 38.15
Households: 9,220 74,804 157,944

Contact

Photograph of Listing Agent

Tjader T. S. Gerdom

Gerdom Realty & Investment
Not a member of CPIX
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