Technical
Financial
Distress signals
Property profile

3775 15 Mile Rd Sterling Heights, MI 48310

OFF-MARKET
Retail properties & Spaces
950 SF Built 1978
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 950-square-foot storefront, located at 3775 15 Mile Rd in Sterling Heights, Michigan (zip code 48310), presents a lucrative investment opportunity. Currently operating at 100% occupancy under a net lease with five years remaining, this property boasts a strong 7.00% cap rate and a price per square foot of $157.89. The asking price is $150,000. Built in 1978, the building is zoned for commercial use and features attractive ceramic tile floors and custom-designed interiors. Situated in a high-traffic area at a busy intersection, this single-tenancy retail space benefits from ample parking, making it highly accessible to customers. All systems are in place for immediate business operation, offering a turnkey solution for a discerning buyer. The property's location within Macomb County, Michigan, provides excellent visibility and access to a thriving consumer base. This is a rare opportunity to acquire a well-established, profitable retail space in a desirable location. The property is ready for immediate occupancy and offers a seamless transition for a new business owner.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1978
Total area 950 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3775 15 Mile Rd Sterling Heights, MI 48310
Sterling Heights metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3775 15 Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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