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43224 Dequindre Rd
Sterling Heights, MI 48314
Land For Sale · 2.00 AC

Investment Highlights

  • Located Near Beaumont / Corewell Hospital
  • Redevelopment Opportunity
  • Medical / Office Use
  • 2 Acres of Cleared Land
  • Multi Family Units - 20 Luxury Townhomes

Executive Summary

Redevelopment Opportunity with Versatile Potential Uses. This property offers several redevelopment options, including multi-family housing with 20 units, residential lots for 6-7 homes, or a medical/office facility. Previously proposed to the city as a luxury townhome development, the project included 22 high-end, 3-story townhome units, each with 3 bedrooms, 2.5 bathrooms, and a one-car attached garage. The initial design had Building A with 9 units, Building B with 9 units, and Building C with 4 units. However, the City Planner recommended adjusting the design to 20 units, 2 stories high, with Building A and Building B each containing 10 units. Additionally, Building C would be replaced by a cul-de-sac and retention area to improve feasibility. Located within the award-winning Utica School District, this lot is just a quarter mile from Troy Beaumont/Corewell Hospital and is conveniently close to the M59 Expressway. The property spans 132.5 feet by 700 feet, with approximately 2 acres of cleared land and is zoned R-100. Survey and preliminary site plans are available. The property is near expressways, restaurants, schools, and places of worship. Buyer to verify all details. Call Listing Broker, Claudia Shamo, for more information (586) 822-8211. Listing Broker has ownership interest in property.

Property Facts

Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • General Freestanding
  • Medical
  • Office Park
  • Rehabilitation Centre
  • Religious Facility
Total Lot Size 2.00 AC
Zoning R-100 - Currently Zoned R-100

1 Lot Available

Lot

Price $915,518 CAD
Price Per AC $457,759.23 CAD
Lot Size 2.00 AC

Redevelopment Opportunity Office/Medical or Luxury Townhomes. 2 Acre Parcel Located North of 19 Mile Rd and Dequindre Rd

  • Listing ID: 32999144

  • Date on Market: 2024-08-29

  • Last Updated:

  • Address: 43224 Dequindre Rd, Sterling Heights, MI 48314

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