Property details
About 510 W University Dr
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!
Highlights
Summary
- MLS Number: 20250010228
- MLS Name: Realcomp II Ltd
- 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.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 12:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$400,000
510 W University Dr
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 01, 2023 | Home Sold | $335,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $155,790 | $4,468 |
| 2023 | $145,450 | $4,042 |
| 2022 | $130,080 | $4,256 |
| 2021 | $110,600 | $4,042 |
| 2020 | $102,510 | $4,078 |
| 2018 | $90,720 | $4,041 |
| 2017 | $82,970 | $3,961 |
History based on county public records data.
Nearby schools
5
McGregor Elementary School
Public District PK-5
0.6 mi
•1101 1st St
9
North Hill Elementary School
Public District PK-5
0.9 mi
•1385 Mahaffy Ave
8
Long Meadow Elementary School
Public District PK-5
1.1 mi
•450 Allston Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,808. Residents of Rochester, MI typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NBA/WNBA
Pro Boxing
Continuing Education Courses
Where do the neighbors shop?
Express/Express For Men
Burlington
Chico's
Where do the neighbors go to eat?
Starbucks
Popeyes
Qdoba
What do the neighbors drive?
Pontiac
Dodge
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
News
Frequently asked questions
About 510 W University Dr
This home is located at 510 W University Dr in Rochester, MI and zip code 48307. Features: 0 bathroom. It has been listed on Rocket Homes since February 16, 2025 and is currently priced at $400,000.
In February 2025, from all listings sold in Rochester, MI there were more than 5 sold above asking price, over 11 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Rochester, MI between January and February 2025 decreased by 6.9%. While the average time on the market in February 2025 was 34 days, the median list price was $553,000.