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Property profile & analytics

13800 Lakeside Cir Sterling Heights, MI 48313-1316

  • Drive through restaurants
  • 3,460 SF
  • 1.36 lot acres
OFF-MARKET
Last Sale
Oct 22, 2024
$865,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-0905648
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Drive through restaurants

Property Details for 13800 Lakeside Cir

Year built
1999
Lot size
1.36 lot acres
Property size
3,460 SF
Zone code
C-2
Property type
Drive through restaurants
APN
10-10-01-105-013
APU
101001105013

Description

This exceptional 3,690 square foot freestanding restaurant building presents a unique investment opportunity in the thriving Sterling Heights, Michigan market. Located at 13800 Lakeside Circle, at the intersection of Waterbury Drive and Lakeside Circle, this single-tenant property sits on a 1.36-acre lot and boasts ample parking with 59 spaces. The building is currently vacant, offering a blank canvas for a new culinary venture. The property is zoned for restaurant use, ensuring a seamless transition for prospective operators. Its strategic location offers high visibility and accessibility, placing it within a dynamic commercial area. This location is particularly advantageous due to its proximity to a major redevelopment project currently underway in Michigan, promising increased foot traffic and enhanced community growth. The property's size and parking capacity make it suitable for a variety of restaurant concepts, from casual dining to upscale establishments. This is a rare chance to establish a successful business in a prime location with significant growth potential. The property's address is 13800 Lakeside Circle, Sterling Heights, MI 48313.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Sterling Heights
County
Macomb
State
Michigan
Longitude
-82.9907
Latitude
42.6209
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$19,693
$0.00
$0.00
$455,300
-
$0.00
$0.00
$910,600
More about this property
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