Seize this rare opportunity to bring your vision to life on a prime piece of land in the heart of Rochester! ZONED AS 01 OFFICE 1 MIXED USE LOWER AND APARTMENTS UP TOP - SPECIAL EXCEPTION FROM PLANNING - NOT BG COMMERICAL SPACE AS LONG. AS NOT MANUFACTURING OR RETIAL. LAW OFFICE OR REALTOR OFFICE COULD BUILD RM1 RESIDENTIAL HOME AS LONG AS THEY COMPLY WITH R1 STANDARDS The existing structure has been demolished and cleared, making it a perfect blank canvas ready for you to create your ideal commercial or office space. Situated just a short stroll from downtown Rochester's vibrant shops and attractions, this lot offers an unbeatable location for a new build. This property presents immense potential for anyone looking to establish a thriving business in a high-visibility area. This investment is in an ideal spot to capitalize on Rochester’s growth and charm. Don’t let this chance slip by—make an offer today and build your future!
Property Details
Property Features
Listing Office:
Office Name: LoChirco Realty, LLC
Office Phone: (248) 895-9429
Listing Agent: Evan Bassy
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: TwoCarGarage
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Other
Directions Information:
Directions: N of University / West of Main. Park in parking lot to the East side of the property.
Price Information
Listing Price Info
Price Summary:
List Price: $400,000
Tax Information:
Annual Amount: $4,133
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Rochester, MI.
This property is $137.8K less than the Median Sold Price in Rochester, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240085685
Listing Office:
Office Name: LoChirco Realty, LLC
Office Phone: (248) 895-9429
Listing Agent: Evan Bassy
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
McGregor Elementary School
1101 1st St
Distance between this listing and this school0.63 miles
Public District Grades PK-5
9
/10
North Hill Elementary School
1385 Mahaffy Ave
Distance between this listing and this school0.87 miles
Public District Grades PK-5
8
/10
Long Meadow Elementary School
450 Allston Dr
Distance between this listing and this school1.13 miles
Public District Grades PK-5
Nearby Schools
8
/10
Hart Middle School
6500 Sheldon Rd
Distance between this listing and this school1.49 miles
Public District Grades 6-8
8
/10
West Middle School
500 Old Perch Rd
Distance between this listing and this school1.79 miles
Public District Grades 6-8
10
/10
Van Hoosen Middle School
1339 N Adams Rd
Distance between this listing and this school3.15 miles
Public District Grades 6-8
Nearby Schools
9
/10
Rochester High School
180 S Livernois Rd
Distance between this listing and this school0.81 miles
Public District Grades 9-12
10
/10
Stoney Creek High School
6755 Sheldon Rd
Distance between this listing and this school1.51 miles
Public District Grades 9-12
3
/10
John M Schultz Educational Campus
1440 John R Rd
Distance between this listing and this school2.02 miles
The neighbors living near this home have an average income of $40,808. Residents of Rochester, MI typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 510 W University Dr
What is the listing price of this property?
The listing price of 510 W University Dr property is $400,000.
What type of property is this?
The property 510 W University Dr is land located in Rochester, Michigan, 48307.
Is this property for sale now?
Active Listing: 510 W University Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,133 (source: MLS/based on county public records data).
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This home is located at 510 W University Dr in Rochester, MI and zip code 48307. This home sits on a 0.18 acre lot. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $400,000.
While more than 7 listings in Rochester, MI in November 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 24 were sold below. Between October 2024 and November 2024, Rochester, MI real estate market has seen decrease in the number of listings by 15.5%. While the average time on the market in November 2024 was 28 days, the median list price was $537,875.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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