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    5800 19 Mile Rd Sterling Heights, MI 48314

    Sponsored
    For Lease
    $30 SF/Yr

    Modern Office & Retail Suites Available

    Lot size:
    14,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 5800 19 Mile Road in Sterling Heights, Michigan, offers a unique opportunity for businesses seeking flexible and modern space. The property encompasses a total of 14,240 square feet across three buildings situated on a generous 4.22-acre lot. Currently, the entire 14,240 square feet is available for lease, providing significant potential for a single large tenant or multiple smaller occupants. The space is ideally suited for a variety of uses, including executive offices, medical offices, and retail establishments, reflecting its General Commercial zoning. The minimum divisible space is 5,600 square feet, while the maximum contiguous space available is 8,640 square feet, offering adaptability to diverse business needs. The property's location in Macomb County, with a Sterling Heights zip code of 48314, provides excellent access to major transportation routes and a thriving business community. This is a rare opportunity to secure a substantial and versatile commercial space in a prime location. The property's multi-building layout offers potential for customized configurations to meet specific tenant requirements. Interested parties are encouraged to inquire about lease terms and explore the possibilities this exceptional property presents. The property is categorized as Retail, Office, and Restaurant, offering a wide range of potential uses.

    Property Features for 5800 19 Mile Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,240 SF
    Total Rate
    35600

    Building Details

    Buildings
    3

    Unit(s) available at that property

    Space
    Medical/Office Building
    Size
    8,640 SF
    Rate per SF
    $30
    Space
    Retail Center Building
    Size
    4,000 SF
    Rate per SF
    $30

    HighLights

    • New Construction Gas Station and Retail Center.
    • 5,520 SF Convenience Store.
    • High‑Visibility Corner Lot at Mound Rd and 19 Mile Rd.
    • Signalized Intersection for excellent visibility and access.
    • Phase I Development: Retail Center.
    • Retail building with Dairy Queen as a co‑tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -83.052394
    Latitude
    42.608119

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    FAQs

    What type of property is this?
    Restaurant - Modern Office & Retail Suites Available
    Where is this restaurant located?
    The property is located at 5800 19 Mile Rd Sterling Heights, MI.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: New Construction Gas Station and Retail Center.; 5,520 SF Convenience Store.; High-Visibility Corner Lot at Mound Rd and 19 Mile Rd.
    Request Owner's contact information
    5800 19 Mile 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
    5800 19 Mile Rd Sterling Heights, MI 48314
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