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Freestanding Industrial Building
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40770 Mound Rd, Sterling Heights, MI 48310

M-1 zoning supports light manufacturing, warehouse, office, and other compatible industrial uses.

Space SizeContact for details
Days on Market52
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Property Features for 40770 Mound Rd

General Information

Standard status Active
Property subtype Retail
Zoning M-1
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Louis Ciotti · License #6501335264
Source: Cpix.resimplifi
Added: Aug 25 Changed: Oct 7 Last Checked: Oct 14 at 7:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Available for lease, this freestanding industrial property includes a 16,861-square-foot building on a 3.44-acre site. Its substantial land component provides room for current operations and may accommodate future repositioning or redevelopment, subject to applicable approvals.

The property is positioned at a signalized intersection along Mound Rd in Sterling Heights, Michigan. M-1, or Light Industrial District, zoning is intended for light manufacturing, warehouse, office, and other compatible industrial activities. The combination of an existing building, expansive site, and industrial zoning supports a range of commercial operating requirements.

Key Highlights

  • 16,861‑square‑foot freestanding industrial building
  • 3.44‑acre site with substantial land area
  • M‑1 Light Industrial District zoning

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 48310, MI

43,709
Population
15,399
Households
2.8
Avg Household Size
41
Median Age
28%
College-Educated
83%
High-School Grad
8.8 sq mi
ZIP Area
4,967
Density / Sq Mi
$77,851
Median Household Income
$35,457
Median Earnings
$1,368
Median Rent
$263,100
Median Home Value
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Market

Lease Benchmarks for Sterling Heights, MI

$17.77 /SF/Yr
Avg Asking Price
$7.75–$100 /SF/Yr
Price Range
37,133 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - M-1 zoning supports light manufacturing, warehouse, office, and other compatible industrial uses.
Where is this industrial property located?
The property is located at 40770 Mound Rd Sterling Heights, MI.
What are key features of this property?
This property features: 16,861‑square‑foot freestanding industrial building; 3.44‑acre site with substantial land area; M‑1 Light Industrial District zoning
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