Freestanding Convenience Store
13805 Plumbrook Road Sterling Heights, MI 48312
New
13805 Plumbrook Road, Sterling Heights, MI, 48312
$650,000
For Sale
$650,000
COMMERCIAL - Sterling Heights, MI
Property Size2,400 SF
Lot Size0.58 Acres
Price / SF$270.83
Days on Market4
Property Features for 13805 Plumbrook Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 10-10-24-152-006
- Size
- 2,400 SF
- Lot size
- 0.58 Acres
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1970
Listing Agency
Pilot Property Group - Residential LLC
(586) 254-0900
38600 Van Dyke Ste 325, Shelby Twp, MI
Listed by
Alexander Termini · License #6501392648
(586) 291-0499
Added: Jul 14 Checked: Jul 17 at 11:06 am
MLS# 50214767
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a freestanding former 7-Eleven convenience store building with approximately 2,400 square feet of space on a 0.58-acre lot. It is being marketed as available for lease, with the transaction type shown as for sale.
Located at 13805 Plumbrook Road in Sterling Heights, Michigan (48312) in Macomb County, the asset is positioned as a storefront-style retail opportunity within the broader grocery and retail property types.
Located at 13805 Plumbrook Road in Sterling Heights, Michigan (48312) in Macomb County, the asset is positioned as a storefront-style retail opportunity within the broader grocery and retail property types.
Key Highlights
- Freestanding former 7‑11 building available for lease
- Forced air heating
- Parking lot included
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.6k | $18.60 |
| − Vacancy | −$3.4k | −$1.43 |
| EGI | $41.2k | $17.17 |
| − OpEx | −$10.3k | −$4.29 |
| NOI | $30.9k | $12.88 |
2,400 SF · lease $18.60/SF/yr · vacancy 7.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$441.5K
$386.3K – $515.0K
NOI $30,902 @ 7.0% cap · market cap 4.75%
Second Best
Retail
$412.0K
$360.5K – $480.7K
NOI $28,842 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$529.4K
$463.3K – $617.7K
NOI $37,061 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Freestanding former 7-Eleven building on a 0.58-acre lot in Sterling Heights, MI.
Where is this grocery and convenience store located?
The property is located at 13805 Plumbrook Road Sterling Heights, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Freestanding former 7‑11 building available for lease; Forced air heating; Parking lot included
