35801 Mound Rd Sterling Heights, MI 48310
- Office buildings
- 94,209 SF
- 5.05 lot acres
Current Use by Public Records
- Office buildings
Property Details for 35801 Mound Rd
- Year built
- 1991
- Lot size
- 5.05 lot acres
- Property size
- 94,209 SF
- Zone code
- C-3
- Property type
- Office buildings
- APN
- 10-10-29-427-026
- APU
- 101029427026
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sterling Heights
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0502
- Latitude
- 42.5567
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
