Two adjacent lots, totaling 10.3 acres, are available for sale as a package in the heart of Sterling Heights, offering a prime investment opportunity. Both lots are zoned for commercial and multifamily use, with the first lot covering 4.62 acres and the second lot 5.17 acres. These parcels allow for the construction of up to 29 condos, making them ideal for multi-family development, while also offering the flexibility of commercial zoning. The second lot is included in the sale price, providing a comprehensive deal. With separate legal descriptions, this package offers a great opportunity for developers or investors to capitalize on the growing demand for multi-family housing or commercial retail in this highly desirable location. Lot 2: 13001 E 14 MILE Road. Don't miss out on this prime real estate for your next project! Please contact the city building department for information and details. 13001 E 14 MILE Road: Legal Description: M 783A9 T2N,R12E SEC 35 BEG AT A PT 187.36 FT S89*32'W OF INTER OF S LINE SEC 35 & CEN OF RED RUN RD; TH S89*32'W 60 FT; TH N0*39'W 343 FT; TH S89*17'W 172.77 FT; TH N0*17'30"E 869.33 FT; TH N89*32'E 232.52 FT; TH S0*01'W 1211.6 FT TO PT OF BEG, PARC 9 5.17 A.
This improved 2.34-acre of land is ready for development, offering endless possibilities. Zoned for residential use with the capacity to build 32-40 condos, the property is also an excellent candidate for boutique retail or future mixed-use projects (pending approvals). Significant upgrades have already been made, including the removal of 32 trees to clear and enhance the land, streamlining the development process. Nestled in a peaceful area, the property boasts a serene environment with frequent wildlife sightings, including deer and birds, adding to its charm and appeal for future residents or visitors. With its ideal location near thriving neighborhoods, schools, shopping, dining, and major roadways, this land provides both tranquility and convenience. Utilities are nearby, and its potential for future mixed-use zoning makes it a valuable long-term investment. Whether you�re envisioning a residential community, a mixed-use hub, or retail spaces, this property is the perfect foundation for your plans. Schedule a visit today to explore this rare opportunity!
The median home value in Sterling Heights, MI is $277,000. This is higher than the county median home value of $222,600. The national median home value is $338,100. The average price of homes sold in Sterling Heights, MI is $277,000. Approximately 73.01% of Sterling Heights homes are owned, compared to 23.82% rented, while 3.17% are vacant. Sterling Heights real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sterling Heights real estate agent to arrange a tour today!
Sterling Heights, Michigan 48312 has a population of 134,062. Sterling Heights 48312 is more family-centric than the surrounding county with 29.92% of the households containing married families with children. The county average for households married with children is 28.44%.
The median household income in Sterling Heights, Michigan 48312 is $70,211. The median household income for the surrounding county is $67,828 compared to the national median of $69,021. The median age of people living in Sterling Heights 48312 is 41.3 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33 inches per year, with 31.7 inches of snow per year.