20900 14 Mile RdRoseville, MI 48066

For Sale
$2,500,000

34-Acre Site, High Visibility, Income Producing

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional 34.36-acre commercial, industrial, and residential land parcel presents a unique investment opportunity in Roseville, Michigan. Located at 20900 14 Mile Rd, 48066, this property boasts unparalleled visibility with half a mile of frontage on I-94, generating significant traffic exposure of 181,858 vehicles daily. The site also offers 1,470 linear feet of frontage on 14 Mile Rd, providing excellent access and branding potential. Currently zoned for light industrial use, the property's versatility allows for a wide range of development options, including office space, high-tech facilities, corporate headquarters, apartments, or mixed-use projects. The site's history as Marsack Sand & Gravel lends itself to unique development possibilities, bordering two lakes with depths reaching 30 feet. City utilities are accessible via Little Mack and Gratiot Avenues. A significant advantage is the existing income stream generated by current tenants, totaling $99,500 in gross annual income. Furthermore, a comprehensive 2019 environmental study is available for review, ensuring transparency and facilitating a smooth development process. This prime location, combined with its income-producing features and development potential, makes this a truly exceptional investment opportunity. The asking price is $2,500,000.

Highlights

  • 34.36+/- acres of land.
  • High visibility from I-94 (half-mile frontage).
  • 1,470 linear feet of frontage on 14 Mile Road.
  • High daily traffic count of 181,858 vehicles.
  • Generating $99,500 in gross annual income.
  • 2019 environmental report available.

Property Details for 20900 14 Mile Rd

Property type
Other land, Other industrial properties
Lot Size (sq. ft)
1,496,722 SF

Location Insight

City
Roseville
County
Macomb
State
Michigan
Latitude
42.536416
Longitude
-82.906542
20900 14 Mile Rd, Roseville, Michigan
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20900 14 Mile Rd
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