Walmart Pad Site for Sale - Sterling Heights, MI

Vacant Land for Sale
Catylist Listing ID: 29725825
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Other
Gross Land Area: 9.03 Acres
Sale Price: $575,000
Unit Price: $63,676 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2018

Overview / Comments

Join Walmart, GameStop, Value City Furniture and Grace Christian Church at the busy Shops at Sterling Ponds retail center at the northwest corner of 14 Mile Road and Van Dyke Avenue. 9.03 acres of prime development land are available for sale. The center has ample parking and multiple curb-cuts from both Van Dyke and 14 Mile. Being just 1 mile south from the Chrysler Group and 2 miles north of the General Motor Technical Center, traffic around the center is steady. Located only 3 miles north of I-696, less then 5 miles east of I-75, and is just over 7 miles west of I-94, makes the site easily accessible.

The property is being sold in cooperation with LANCET REALTY ADVISORS, Inc.
Property details can also be found HERE.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 10-33-400-014
Market Type: Large
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Legal Description: Lot# 4 - T2N,R12E,SEC 33; COMM AT SE COR SEC 33; TH S88*04'07"W 1229.86 FT ALG S SEC LINE; TH N01*38'39"E 1090.21 FT TO POB; TH CONT N01*38'39"E 799.94 FT; TH S89*39'E 177.54 FT; TH S00*21'06"W 126.41 FT; TH S89*39'E 310.95 FT; TH S00*21'W 11.47 FT; TH S89*38'09"E 383.28 FT; TH 82.08 FT ALG CURVE TO RIGHT R=192.0 FT & CB S00*10'08"W 81.46 FT; TH S12*24'58"W 153.65 FT; TH 154.85 FT ALG CURVE TO LEFT R=693.0 FT & CB S06*00'52"W 154.53 FT; TH N89*39'54"W 353.53 FT; TH N01*57'34"E 153.03 FT; TH N89*39'W 247.67 FT; TH S00*21'06"W 502.14 FT; TH N89*46'56"W 67.02 FT; TH N00*52'07"E 70.83 FT; TH N88*56'24"W 179.43 FT TO POB; 9.03 AC.
Largest Nearby Street: Van Dyke Avenue
Feet of Frontage: 390
Traffic/Vehicle Count: 56,440
Highway Access: I-696 to the south, I-75 to the west, & I-94 to the east
Lot Frontage: 390
Lot Depth: 841
Zoning Description: PCD; Planned Center District
Development Name: Walmart Pad Site for Sale - Sterling Heights, MI

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,543 140,879 384,107
Median Age: 42.93 41.96 40.97
Households: 3,378 55,594 155,344


Photograph of Listing Agent

Vicki Gutowski

Gerdom Realty & Investment
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