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    35801 Mound Rd Sterling Heights, MI 48310

    Sponsored
    For Sale
    $10,995,000

    Executive Office Building, 94,209 SF, High Occupancy.

    Property size:
    94,209 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Liberty Place, located at 35801 Mound Rd, Sterling Heights, MI 48310, presents a compelling investment opportunity. This Class B executive office building boasts 94,209 square feet of space, spread across two stories within a single building situated on a 5.05-acre lot. Constructed in 1991, the property features a strong tenant mix, currently enjoying 90% occupancy. The asking price is $10,995,000, translating to a price per square foot of $116.71. The property's Macomb County location (APN 10-29-427-026) offers excellent access to major transportation routes and amenities. Financial projections indicate a 9.1% capitalization rate, making this a potentially high-yield investment. Detailed financial information is available in a confidential offering memorandum. This is an exceptional opportunity to acquire a well-maintained, high-occupancy office building in a desirable location with a strong potential for return on investment. The property's high-tech office space is well-suited for a variety of businesses.

    Property Features for 35801 Mound Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    94,209 SF
    Class
    B
    Lot Size
    219,978 SF

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    2

    HighLights

    • Investment sale of a Class B office building.
    • High‑tech office building totaling 94,209 square feet.
    • 9.1% capitalization rate.
    • 90% occupancy with a strong tenant mix.
    • Confidential offering memorandum available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -83.04905294281
    Latitude
    42.556810873591

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Office Building, 94,209 SF, High Occupancy.
    Where is this office property / space located?
    The property is located at 35801 Mound Rd Sterling Heights, MI.
    What is the asking price?
    The asking price for this property is $10,995,000.
    What are key features of this property?
    This property features: Investment sale of a Class B office building.; High-tech office building totaling 94,209 square feet.; 9.1% capitalization rate.
    Request Owner's contact information
    35801 Mound Rd Sterling Heights, MI 48310
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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
    35801 Mound Rd Sterling Heights, MI 48310
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