Search
Prominent Corner Medical Office Building
For Sale
$8,088,128

44987 Schoenherr Road, Sterling Heights, MI 48313

Fully occupied medical office building on a high-volume retail intersection in Metro Detroit.

Property Size17,330 SF
Lot Size1.86 Acres
Price / SF$466.71
Days on Market88

Property Features for 44987 Schoenherr Road

General Information

Standard status Active
Size 17,330 SF
Lot size 1.86 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Road Access Yes

Building Details

Building Size 17,330 SF
Year Built 1979
Buildings 1
Tenancy Single
Owner Occupied No
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: Eric Birnholtz · License #KS 00225734
Source: Midamericagrp
Added: Jun 1 Changed: Aug 26 Last Checked: Aug 26 at 5:25AM

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 Mid America Real Estate - Michigan Inc

Investment Insights

Based on property information with market context.

Mid-America Real Estate-Michigan, Inc. has been retained to sell the 100% fee simple interest in a 1.86-acre property with a 17,330-square-foot building in Sterling Heights, Michigan. The building is fully occupied by Henry Ford OptimEyes, offering an established income stream for an owner-operator or investor. The asset’s improvements are presented as a turn-key medical office configuration tied to an operating practice.

The property is positioned along Metro Detroit’s busiest retail corridor at the southwest corner of Hall Road (M-59) and Schoenherr Road. The intersection features over 125,000 vehicles per day, supporting strong visibility and convenient access for patient and customer traffic in the immediate trade area.

This offering is well suited for buyers seeking a prominent corner medical office with stable occupancy. Given the building’s fully leased status and landmark corner presence on a major retail crossroad, it can serve as a long-term hold for investors or as a straightforward acquisition for operators looking to own a high-profile medical facility.

Key Highlights

  • 1.86‑acre site with a 17,330 SF building in Sterling Heights, Michigan
  • 100% fee simple interest being sold; property is fully occupied by Henry Ford OptimEyes
  • Located at the southwest corner of Hall Road (M‑59) and Schoenherr Road

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service Kitchen & Bath Showroom

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

Demographics for 48313, MI

34,169
Population
14,288
Households
2.4
Avg Household Size
43
Median Age
32%
College-Educated
92%
High-School Grad
8.7 sq mi
ZIP Area
3,927
Density / Sq Mi
$87,292
Median Household Income
$47,668
Median Earnings
$1,152
Median Rent
$248,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Fully occupied medical office building on a high-volume retail intersection in Metro Detroit.
Where is this office building located?
The property is located at 44987 Schoenherr Road Sterling Heights, MI.
What is the asking price?
The asking price for this property is $8,088,128.
What are key features of this property?
This property features: 1.86‑acre site with a 17,330 SF building in Sterling Heights, Michigan; 100% fee simple interest being sold; property is fully occupied by Henry Ford OptimEyes; Located at the southwest corner of Hall Road (M‑59) and Schoenherr Road
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message