Realmo Analytics

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Property profile

16990-16998 25 Mile Rd Macomb, MI 48042

FOR LEASE
Other commercial real estate
Property ID
US43-1517503
10,400 SF 4.12 ac lot Built 2005
Last sale Sep 2021 · $3,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space of approximately 10,000 square feet located at 37821 Mound in Sterling Heights, Michigan. It is configured as a single retail suite intended for storefront-oriented use, and the site placement provides visibility from the adjacent roadway to support customer access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$80k
Tax billed · 2022
Assessed value · 2023$1.45M
Effective rate5.49%

Value estimate

· Nov 2026
$3.78M
$3.40M – $4.16M
CAP approach$1.90M
Submarket $/SF estimate$2.97M
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$685
Operating expenses−$3k
NOI · 258.82% cap applied$8k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$188/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$104 – $285
Qualifying comparables8

Cap rate analysis

How does the asset earn?
258.82%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-3
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not nece...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.5
Restaurant16.3
Pharmacy15.0

Location

16990-16998 25 Mile Rd Macomb, MI 48042
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33225 Mound, Sterling Heights, MI 48310-6501 $1,470,000 Sep 2022 10,310 SF
34841 Mound, Sterling Heights, MI 48310-5723 $1,058,750 Nov 2021 10,706 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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