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    44645 Mound Rd Sterling Heights, MI 48314

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    For Sale
    $349,900

    Fully operational restaurant for sale in Sterling Heights/Shelby Township.

    Lot size:
    40.11 Acres

    Property Features for 44645 Mound Rd

    General Information

    Lot size
    40.11 Acres

    Building Details

    Year built
    1998

    Source: Century 21 Curran & Oberski Agent Ali T Charara

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Operating Restaurant Near M-59

    This fully operational restaurant is available for purchase in Sterling Heights/Shelby Township. The property is located off M-59 and Mound Rd, next to Walmart, LA Fitness, and the AMC Theatre. Situated in a plaza, the location benefits from high visibility and traffic, with over 2,500 cars passing daily, attracting walk-in customers. This property is suited for investors and entrepreneurs.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0521989
    Latitude
    42.6223509

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    FAQs

    What type of property is this?
    Restaurant - Fully operational restaurant for sale in Sterling Heights/Shelby Township.
    Where is this restaurant located?
    The property is located at 44645 Mound Rd Sterling Heights, MI.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Fully operational restaurant (Leo's Coney Island) for sale.; - Prime location off M-59 and Mound Rd in Sterling Heights/Shelby Township.; - High visibility next to Walmart, LA Fitness, and AMC Theatre.
    (313) 274-7200
    Request Owner's contact information
    44645 Mound Rd Sterling Heights, MI 48314
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    Sterling Heights, MI 48314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    44645 Mound Rd Sterling Heights, MI 48314
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